Analyst Cuts Tesla Price Target By 50%, Names Top Auto Stock Picks For 2023
Auto stock investors had a difficult year in 2022 as the industry suffered through supply chain disruptions and inventory unbalances.
B of A Securities Downgrades Magna International to Neutral, Lowers Price Target to $72
B of A Securities analyst John Murphy downgrades Magna International (NYSE:MGA) from Buy to Neutral and lowers the price target from $102 to $72.
Why Jim Cramer Thinks Roblox Is Still ‘Too Expensive,’ After Stock Down 72% Year-To-Date
On CNBC’s "Mad Money Lightning Round," Jim Cramer said Magna International Inc (NYSE: MGA) "worries me. I would rather own an auto company directly.
Wells Fargo Maintains Equal-Weight on Magna International, Lowers Price Target to $60
Wells Fargo analyst Colin Langan maintains Magna International (NYSE:MGA) with a Equal-Weight and lowers the price target from $62 to $60.
Magna to Acquire Veoneer Active Safety Business for $1.525B in Cash
Magna International Inc. (TSX: MG; NYSE: MGA) today announced it has entered into an agreement to acquire the Veoneer Active Safety business from SSW Partners for $1.525 billion in cash, subject to working capital and other customary purchase price adjustments.
Tesla ‘Bang For The Buck’ Semi Arrives, Ford Is America’s Second Best, Lordstown’s ‘Endurance’ Deliveries Begin And More: Week’s Biggest EV Stories
Electric vehicle stocks mostly advanced in the week ending Dec. 2, helped by market-wide optimism over a potential Fed pivot and some company-specific catalysts. The Chinese EV trio of Nio, Inc. (NYSE: NIO), XPeng, Inc.
Citigroup Downgrades Magna International to Neutral, Announces $62 Price Target
Citigroup analyst Itay Michaeli downgrades Magna International (NYSE:MGA) from Buy to Neutral and announces $62 price target.
‘Genius Innovator’ Elon Musk Gets Italy Proposition, GM Eyes Expedited EV Profitability, Lucid Gravity SUV Landing In 2024 And More: Week’s Biggest EV Stories
Electric vehicle stocks closed the week ending Oct. 18 uniformly lower amid the broader market retreat. Market leader Tesla, Inc. (NASDAQ: TSLA) continued its move downward amid CEO Elon Musk’s travails with his newly-acquired Twitter social media platform.
Tesla Rival Fisker’s Debut Model Ocean SUV Goes Into Production Today: What Investors Should Know
Thursday could prove to be a redemption of sorts for electric vehicle startup Fisker Inc.
RBC Capital Maintains Outperform on Magna International, Lowers Price Target to $65
RBC Capital analyst Joseph Spak maintains Magna International (NYSE:MGA) with a Outperform and lowers the price target from $69 to $65.