Phoenix.com Hong Kong Stocks |JeffreyAnalyst Philippe Houchois willTesla(TSLA) upgraded its rating from hold to buy and raised its price target from $700 to $850. Analysts and the team are generally positive that OME has the ability to improve profit margins through less and better capital allocation. For Tesla, the analysis team saw an accelerated improvement in the earnings/ROIC leverage ratio and the capital benchmark used, and therefore raised Tesla's 2022 earnings per share forecast from $6.28 to $7.44, with a general expectation of $7.19. Under higher gross margin assumptions, we have raised our GAAP earnings before interest and taxes forecast for 2021-22 by 17%.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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