logo
Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Continental Aktiengesellschaft (OtherCTTAF) and Tesla (TSLA)

Analysts Have Conflicting Sentiments on These Consumer Cyclical Companies: Continental Aktiengesellschaft (OtherCTTAF) and Tesla (TSLA)

Business Insider10 hours ago
Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Continental Aktiengesellschaft (CTTAF – Research Report) and Tesla (TSLA – Research Report).
Don't Miss TipRanks' Half-Year Sale
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Continental Aktiengesellschaft (CTTAF)
Kepler Capital analyst Thomas Besson maintained a Buy rating on Continental Aktiengesellschaft on July 3 and set a price target of EUR80.00. The company's shares closed last Thursday at $89.96.
Besson has an average return of 19.0% when recommending Continental Aktiengesellschaft.
According to TipRanks.com, Besson is ranked #5484 out of 9710 analysts.
Continental Aktiengesellschaft has an analyst consensus of Moderate Buy, with a price target consensus of $95.45, implying a 5.7% upside from current levels. In a report issued on June 19, UBS also maintained a Buy rating on the stock with a EUR100.00 price target.
Tesla (TSLA)
Wells Fargo analyst Colin Langan maintained a Sell rating on Tesla on July 2 and set a price target of $120.00. The company's shares closed last Thursday at $315.35.
According to TipRanks.com, Langan is ranked 0 out of 5 stars with an average return of -6.3% and a 48.9% success rate. Langan covers the NA sector, focusing on stocks such as Magna International, Rivian Automotive, and Dana Incorporated.
Currently, the analyst consensus on Tesla is a Hold with an average price target of $293.09, representing a -7.8% downside. In a report issued on June 23, UBS also maintained a Sell rating on the stock with a $215.00 price target.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tesla, Inc. (TSLA): Some People Are 'Gleeful' About Bad Car Sales, Reveals Jim Cramer
Tesla, Inc. (TSLA): Some People Are 'Gleeful' About Bad Car Sales, Reveals Jim Cramer

Yahoo

time29 minutes ago

  • Yahoo

Tesla, Inc. (TSLA): Some People Are 'Gleeful' About Bad Car Sales, Reveals Jim Cramer

We recently published . Tesla, Inc. (NASDAQ:TSLA) is one of the stocks Jim Cramer recently discussed. Cramer discusses Tesla, Inc. (NASDAQ:TSLA) in nearly every morning appearance. This is partly due to the firm's CEO Elon Musk, whose recent back-and-forth with President Trump has caught media attention. After their first bout last month, Cramer wondered whether Tesla, Inc. (NASDAQ:TSLA) could maintain stable stock performance if Trump was displeased with Musk. Cramer also agrees with Musk on the fact that the firm's narrative will be determined by self-driving and humanoid robots instead of vehicle deliveries. In this show, he commented on Tesla, Inc. (NASDAQ:TSLA)'s share performance after Trump and Musk disagreed on the former's legislative efforts: '. . .this is the first time that I've seen this stock get crushed because the President did say that the subsidies, he's [Musk] the most subsidized person in America, alluded to maybe a trip to South Africa. . . Cramer continued to discuss Musk and Trump later in the day on Mad Money: 'Tesla, total dice roll. We have no idea what Elon Musk and the man in the White House, who may be the best name caller,… are going to do. But they sure don't seem like they're on great terms. So my plan is to have the president give Elon the right to have driverless cars on the interstate. I'm calling that plan shelved. But moral? There are usual ways to make a lot of money, but it's really fun to talk about Elon.' While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio

Elon Musk says he's formed the 'America Party' after a July 4 poll on X showed support
Elon Musk says he's formed the 'America Party' after a July 4 poll on X showed support

Business Insider

time2 hours ago

  • Business Insider

Elon Musk says he's formed the 'America Party' after a July 4 poll on X showed support

Elon Musk declared on X the formation of a new political party amid his ongoing feud with President Donald Trump over the "Big Beautiful Bill." "Today, the America Party is formed to give you back your freedom," Musk wrote in an X post on Saturday afternoon. Musk's post came a day after he conducted a July 4 poll, asking X users if they want "independence" from the two-party system. About 65% of the 1.25 million participants voted "Yes." Musk, who was a staunch supporter of Trump's 2024 reelection bid, has been publicly critical of the president's "Big Beautiful Bill," a sweeping domestic policy bill that includes extensive tax cuts and could add more than $3 trillion to the national debt, according to the Congressional Budget Office. The Tesla CEO has characterized the bill on X as a form of "debt slavery." Just days after stepping away from his work at the White House DOGE Office, which was tasked with cutting spending and reducing the deficit, Musk in June called the legislation a "massive, outrageous, pork-filled Congressional spending bill." Musk then proposed the idea of forming a new political party that represents the "80% in the middle." Musk's repeated attacks on the bill led to a spectacular public fallout between him and the president. Trump even suggested that his office would look into possibly deporting Musk, a South African immigrant. Musk's July 4 poll on X came the same day Trump signed the bill into law. The CEO said on his social media platform that one way the new party could work is to focus on winning just a handful of Senate seats and House districts that could serve as the "deciding vote" on "contentious laws," given the "razor-thin legislative margins" in Congress. Musk and a White House spokesperson did not respond to a request for comment. Musk's back-and-forth regarding his involvement in political affairs has been followed by volatile times for the CEO of Tesla, his EV company. Wall Street analysts, including Tesla bull Dan Ives, have said that Musk's politics could lead the company astray if the chief executive doesn't snap back into focus. Earlier in June, Baird analysts downgraded the Tesla stock, noting that the Musk-Trump spat adds "uncertainty to TSLA's outlook.

6 of the biggest challenges facing Musk's new political party
6 of the biggest challenges facing Musk's new political party

Washington Post

time2 hours ago

  • Washington Post

6 of the biggest challenges facing Musk's new political party

The richest man in the world said Saturday he has started a new U.S. political party, which he says will represent 'the 80%' of voters 'in the middle.' Tesla CEO Elon Musk last year went all in on using his wealth to support Republican Donald Trump's successful 2024 run for president, cementing him as the country's largest political donor. He later led the formation of the Trump administration's U.S. DOGE Service in an effort to cut the size of government.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store