Amazon and Tesla are 'conviction' picks at Wells Fargo - Morningstar

Apr 2, 2024 · Shares of Amazon.com Inc. and Tesla Inc. are among Wells Fargo's "high-conviction" picks for the second quarter, but the analysts there see those stocks heading in …

CouponFollow Extension

70%
OFF

Three Reasons Why Wells Fargo Predicts 70% Plunge On Tesla's …

3 weeks from now

Jan 15, 2025 · Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street. Despite the …

yahoo.com

70%
OFF

Wells Fargo Sticks By Negative Tesla View, Sees Shares Plunging

3 weeks from now

Jan 15, 2025 · The bank sees Tesla shares plunging nearly 70% to $125 over the next year, challenged by persistently weak business fundamentals.

cnbc.com

51%
OFF

Amazon's Stock Is No Longer A Sleeper Pick, But Wells Fargo Sees …

3 weeks from now

Jul 11, 2023 · In particular, Wells Fargo analyst Ken Gawrelski is cheering Amazon.com Inc.'s stock (AMZN). It's up 51% thus far in 2023, but Gawrelski added it to Wells Fargo's list of …

morningstar.com

45%
OFF

Today's Charts: Bullish Call On Amazon; Tesla Hits Record High; Wells ...

3 weeks from now

Apr 10, 2017 · Tesla’s stock is up 45% since the start of the year. Wells Fargo ( WFC) – The bank’s board of directors is clawing back an additional $75 million from former CEO John …

yahoo.com

2%
OFF

More Likely To 5x First: Tesla Vs. Amazon - The Motley Fool

3 weeks from now

Oct 28, 2022 · The EV and e-commerce segments of Tesla and Amazon's businesses have low-to-average margins. Last quarter, Tesla had an operating margin of 17.2%, which I wouldn't …

fool.com

$212
OFF

Wells Fargo Adjusts Amazon.com's Price Target To $212 From …

3 weeks from now

Jan 14, 2025 · -- Amazon.com has an average rating of buy and mean price target of $246.88, according to analysts polled by FactSet. ...

marketscreener.com

$197
OFF

Wells Fargo Adjusts Amazon.com's Price Target To $197 From $183

3 weeks from now

Nov 1, 2024 · -- Amazon.com has an average rating of buy and price targets ranging from $180 to $285, according to analysts polled by Capital IQ. Price: 198.74, Change: +12.34, Percent …

marketscreener.com

70%
OFF

Three Reasons Why Wells Fargo Predicts 70% Plunge On Tesla's Sto

3 weeks from now

Wells Fargo has just reaffirmed on its bearish Tesla call, ignoring the stock's rally and as a reminder to investors that bears still persevere on Wall Street.

gurufocus.com

FAQs about Amazon and Tesla are 'conviction' picks at Wells Fargo - Morningstar Coupon?

Are Tesla & Amazon a good stock to buy?

Tesla and Amazon are two of the world's largest stocks by market cap. Both have tremendous market opportunities to go after. Amazon wins when it comes to profit margins, valuation, and competition. Both these stocks have put up great returns for shareholders. But what does the future look like? ...

Will Tesla share price collapse again 70% to $125 in next year?

Despite the underweight rating, the bank forecasts Tesla shares will collapse another 70% to $125 in the next year. Wells Fargo's analyst commented that the grim prediction is driven by weak business fundamentals. ...

Is Tesla stock underweight?

Langan rates Tesla’s stock at underweight with a $125 target price. That was 29% below last Thursday’s closing level. Tesla shares lost 29% in the first quarter. Other bullish conviction picks at Wells Fargo include shares of Citigroup Inc. C, -0.69% and Starbucks Corp. SBUX, -2.29%. ...

Should I buy Tesla or Amazon?

Tesla has a large market opportunity and has significantly grown its production and earnings over the last few years. But with the profit margins of AWS, less competition, and the cheaper valuation, I think Amazon wins handily as the stock seems likely to rise 5x from today's market value long before Tesla does. ...

Why did Wells Fargo lower the price target on Amazon?

Wells Fargo recently lowered the price target on Amazon.com, Inc. (NASDAQ:AMZN) stock to $225 from $232 and kept an Overweight rating. In an investor note, the advisory noted that heavy upfront costs related to satellite launches, commencing in the second half of 2024, reduce operating income forecasts for Amazon from 2025 through 2027. ...

What drives Tesla's delivery growth in fy24?

Tesla ( TSLA) - "We see moderating delivery growth driven by lower demand & diminished return on price cuts. Our FY24 delivery estimate of ~1.8M units represents flat y/y growth & remains ~10% below consensus." ...