Morgan Stanley analyst Adam Jonas released a note on Wednesday detailing how electric vehicles could drive Ferrari N.V. (NYSE: RACE) shares to $350.
The Ferrari Analyst: Morgan Stanley maintained an Overweight rating on Ferrari with a $265 price target.
General Motors Co (NYSE: GM)’s sharp focus on the switch to electric vehicle rollout is being noticed by Wall Street investors and the Detroit-based legacy automaker could trade at multiples similar to Tesla Inc.
Hibbett, Inc.'s (NASDAQ: HIBB) differentiated approach to athletic retail and growth potential are turning Telsey Advisory Group bullish on the retail stock.
Expected margin compression in the metals and mining industry has turned Barclay's analysts bearish on Freeport-McMoRan, Inc (NYSE: FCX).
The Freeport Analyst: Matthew Murphy downgraded Freeport-McMoRan from Equal-weight to Underweight and announced a $29 price target.
On Thursday, Bank of America updated its precious metal price outlook and named its top precious metal stock picks for investors to buy heading into the second half of 2021.