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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: sense who wrote (164145)10/22/2020 8:53:58 PM
From: TobagoJack  Read Replies (1) | Respond to of 218434
 
met a lady who deals in private jets and she says mustique tourism is open

elsewhere not so much

think can count out most of world for the downside of illness is perhaps a small issue

the big issue is getting back home

my 5+months stay in Cape Town was fun, but had we been caught up in say [name many cities], might be less fun

nearly trump-biden show time



To: sense who wrote (164145)10/23/2020 6:24:15 AM
From: TobagoJack  Respond to of 218434
 
Goofed off this day, inspired by the Trump - Biden debate.

I thought the debate much better than the first one. Do not know veracity of any utterances by either candidate. Not as many giggles as last time but still some good ones.

Shall do the Borat movie if on tonight, but must wait as even though the movie is rated for 3+ I think best the Jack be spared for now.

Was just thinking about my once upon a time Mini Cooper

Had lunch w/ a friend (Xiao Lun Bao, scallion oil w/ noodles, organic free range chicken soup) and then test drove her pristine 1 of 1000 made 2012 Mini Cooper S Goodwood / Rolls Royce edition, with 10,000 km on it

It is niiiiice

Used cars cost next to nothing given that no one likes to drive used car, irrespective of lineage.

I do have an extra parking space, and the Mini would be free when pair-traded w/ short TSLA calls.

I unfortunately might just have to settle fort another SUV even though I only have the kids in the car for a 10 min trip to nearby Stanley and Repulse Bay, furthest out would be Shek O on one end, and that is about it.

Like I said, I goofed off.







barrons.com

Tesla Earnings Reactions: How 15 Wall Street Analysts Responded

Al Root
Oct. 22, 2020 5:15 pm ET
Electric-vehicle pioneer Tesla reported earnings Wednesday evening. Earnings were better than expected, and the company’s fifth straight quarterly profits. That could be a recipe for stock market fireworks. The most surprising thing about the earnings “print,” however, might be the investor reaction. The stock did nothing.

With investors yawning, the biggest reaction to the quarterly news came from Wall Street analysts, many of which took up their target prices following the quarterly release.

Here’s what 15 analysts did:

RBC analyst Joseph Spak took his target to $339 from $290, up almost $50. He still, however, rates Tesla stock at Sell.

Baird analyst Ben Kallo took his target to $488 from $450, up $38. He upgraded shares to Buy Thursday.

JMP Securities analyst Joe Osha established a new $516 price target. He upgraded the stock to Buy as well. He didn’t have a price target going into earnings, but the last time he had one, in July, it was $300 a share.

Oppenheimer analyst Colin Rusch increased his price target to $486 from $451. He rates shares at Buy.

Goldman Sachs analyst Mark Delaney made a smaller adjustment. He took his target to $455 from $450. He remains Hold-rated.

J.P. Morgan analyst Ryan Brinkman took his target to $80 from $75. He has a Sell rating on Tesla stock. Not every analyst, of course, raised target prices.

New Street Research analyst Pierre Ferragu left his target at $578, the highest among large brokers and research firms. He rates Tesla stock at Buy, as do

Deutsche Bank analyst Emmanuel Rosner, Jefferies analyst Phillippe Houchois, and Piper Sandler analyst Alex Potter. They also left their price targets unchanged at $500, $500, and $515, respectively.

Morgan Stanley’s Adam Jonas, Credit Suisse’s Dan Levy, and Wedbush’s Dan Ives all rate Tesla shares Hold. Their unchanged target prices remain $333, $400, and $500, respectively.

Bernstein analyst Toni Sacconaghi’s price target stayed at $180. He rates shares Sell.

Barclays analyst Brian Johnson rates shares at Sell, too. He left his price target unchanged at $125. Broadly speaking, Tesla now has nine price targets from major brokerages which are above the current stock price. That isn’t typical. Analysts, generally speaking, have a hard time keeping up with Tesla stock. And all target price from Buy-rated analysts are now above where the stock trades. As odd as it sounds, that also isn’t typical for Tesla stock recently.

Overall, the average analyst price target moved up roughly $15 on Thursday, or 5%, to $340. That’s still more than 20% below where shares trade.

Wall Street still struggles to recommend the stock. Even with two Thursday upgrades, only about one-third of analysts covering the company rate shares at Buy. The average Buy-rating ratio for stocks in the Dow Jones Industrial Average is about 58%.

Caution hasn’t hurt shares though. Tesla stock is now up 409% so far in 2020, crushing the 6.9% rise in the S&P 500 index.

Write to Al Root at allen.root@dowjones.com