Tesla Inc. is one of the world's leading electric vehicle manufacturers, known for its line of popular electric vehicles, including the Model S, Model X, and Model 3. The company also produces solar panels and energy storage solutions such as the Powerwall and Powerpack. Investors closely watch Tesla's key decisions as they can impact the other US listed companies connected to Tesla. These companies are involved in the development, production and distribution of Tesla products and services. Investing in these companies offers exposure to the growth opportunities of Tesla's products and services. As the demand for electric vehicles and renewable energy continues to grow, investors see potential for more growth in revenue and earnings, and higher stock prices.
Citigroup Maintains Buy on Aptiv, Lowers Price Target to $108
Citigroup analyst Itay Michaeli maintains Aptiv (NYSE:APTV) with a Buy and lowers the price target from $128 to $108.
Analyst Expectations For Aptiv's Future
Providing a diverse range of perspectives from bullish to bearish, 12 analysts have published ratings on Aptiv (NYSE:APTV) in the last three months.The table below offers a condensed view of their
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Aptiv Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/09/2024 109.4% Oppenheimer $145 → $145 Maintains Outperform 06/26/2024 -9.02% Piper Sandler $78 → $63
US stocks hit new highs, with Apple's market cap surpassing Microsoft's, Tesla rising for the ninth consecutive day, silver futures falling by 3% at one point, and French stocks opening high and falling low.
Waiting for this week's US CPI and PPI inflation and Powell's congressional hearing. The New York Fed survey found that Americans' inflation expectations have fallen for two consecutive months, and the market is still betting on two interest rate cuts later this year. The S&P and Nasdaq have hit new highs for at least four days in a row, and Apple's market cap has surpassed Microsoft to become the largest company. Nvidia's increase has been cut in half after a nearly 4% increase, and TSMC briefly rose more than 4.8% in market cap, breaking the $1 trillion barrier. AI concept stocks such as Arm and Oracle also hit new highs and Intel and Super Micro Computer rose more than 6%. The Chinese concept stock index fell 1%, Xpeng Motors fell more than 6%, and Niu Technologies rose 16%. The second round of the French parliament elections unexpectedly ended without any political party obtaining an absolute majority, and European stocks rose but fell in the final session. The euro and French bond yields also opened high