Analysts at Deutsche Bank and Credit Suisse have raised Tesla’s target price in anticipation of Battery Day.Elon Musk has not missed a single opportunity to pump expectations about the event.Tesla bulls are brimming with excitement, but it could all end in tears if they haven’t learned from the past.Tesla’s stock has surged an eye-watering 430%…
Category: Analysts
Morgan Stanley raised its stock market forecast as it expects a V-shaped recovery. But the U.S. economy likely won’t return to normal. A deeper market crash could be coming. The S&P 500 plunged 6% last Thursday as investors fretted the possibility of a second wave of infections. But analysts are still bullish about the U.S.…
After about of week of trading, Nikola stock has become a favorite among millennials. The stock has soared in the past week, even doubling in value at one point. Analysts expect the stock to come crashing down based strictly on fundamentals. The baffling stock market rally has seen an odd basket of stocks ranging from…
The 2020 Presidential Election is the greatest risk to financial markets, according to Eurasia Group. Uncertainty following the result, no matter what it is, could weigh on the U.S. stock market. The US could enter a period of instability and uncertainty similar to what the UK experienced after the Brexit vote. After a stunning end-of-year…
Stocks rose on Friday as Boeing (NYSE: BA) helped lift the Dow Jones. Donald Trump may finally get his wish for a weaker U.S. dollar, as Bloomberg’s report points to a strong euro in 2020. Most of Wall Street expects smooth sailing for the Dow as Trump continues to de-escalate the trade war amid strong…
More Money in 2020: Analysts Recommend 3 Simple Resolutions to Increase Net Worth in Uncertain Times
According to analysts, you can get control of your finances with a purposeful budget that focuses on eliminating debt. Invest as much as possible in a diversified portfolio. Shop around to know your worth and discuss a pay raise with your superiors. When it comes to achieving financial independence, most agree that taking small, measured…
The U.S. stock market is set to see a renewed rally as the U.S. and China reopen trade deal talks for October after what has been a relatively strong month for most U.S. stocks in key industries.According to CNBC, individuals close to the trade deal talks have said the new round of discussions will begin…
Since July 15, the Dow Jones has dropped from 27,359 points to 26,403 points, by nearly 1,000 points within a two-month span. | Source: REUTERS/Lucas JacksonBy CCN Markets: Since July 15, the Dow Jones has dropped from 27,359 points to 26,403 points, by nearly 1,000 points within a two-month span.The Dow Jones is down by…