Consumer Discretionary

Estée Lauder (NYSE:EL)Stock price trend forecast and trading range -2023.1.6

Estée Lauder (NYSE:EL) Stock price trend forecast and trading range: Updated to: 2023.1.6 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: up Sell high and buy low of range : $250 – $280 Support: 20-day moving average price  resistance: $280 Stop Loss Price: 20-day moving average price price target: $280 Buy the position again: stop fall and rise to 20-day moving average price Medium-term trend: up High sell low buy range: $250 – $280 Support: 20-day moving average price resistance: $280 Stop Loss price: 20-day moving average price price target: $280 Buy the position again: stop fall and rise to 20-day moving average price Long-term trend: stop falling and rebound High sell low buy of range: $240 – $280 Support : 30-day moving average price resistance: $280 Stop Loss price: 30-day moving

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Amazon’s CEO sent a letter to all employees: it is proposed to lay off more than 18,000 employees

According to Amazon’s official website, Amazon (NASDAQ:AMZN) CEO Andy Jassy released an all-staff letter today, saying that the company plans to cut more than 18,000 employees, more than the 17,000 reported by the media earlier. Jassy said the company intends to begin communicating with affected employees Jan. 18. Several teams were affected, he said, however, most of the positions that were cut were in our Amazon store and PXT (People Experience and Technology Solutions) organizations. That would be the largest layoff for U.S. tech companies during the current economic slowdown, but Amazon also has far more employees than its Silicon Valley counterparts. As of the end of last September, the company had more than 1.5 million employees, meaning the latest layoffs would account for just over 1% of its total workforce.

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Amazon (NASDAQ: AMZN)Stock price trend forecast and trading range -2023.1.6

Amazon.com, Inc. (NASDAQ: AMZN) Stock price trend forecast and trading range: Updated to: 2023.1.6 (Note: The upper red line in the picture is the resistance, and the lower red line is the support) Analysis from stock chart —————————————————————- Short-term trend: stop falling and rebound Sell high and buy low of range : $82 – $89 Support: $81 resistance: $90 Stop Loss Price: $81 price target: 89$ Buy the position again: stop fall and rise to $82 Mid-line trend: Short-term stop falling High sell low buy range: $83 – $95 Support: $81 resistance: $95 Stop Loss price: $81 price target: $95 Buy the position again: stop fall and rise to $83 Long-term trend: Short-term stop falling High sell low buy of range: $83 – $105 Support : $81 resistance: $105 Stop Loss price: $81 price target : $105 Buy the position again: stop fall and rise to $85 From Analysis from

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Tesla price target lowered to $122 from $205 at Cowen

Cowen analyst Jeffrey Osborne lowered the firm’s price target on Tesla to $122 from $205 and keeps a Market Perform rating on the shares. The analyst noted they missed the Q4 deliveries estimate and said production was in-line with consensus and 8.5% above deliveries which the company attributed to increased cars in transit as the company shifts to a more balanced regional mix of vehicle builds.

Tesla price target lowered to $122 from $205 at Cowen Read Post »

Wedbush maintained Tesla’s outperform rating and $175 price target

Tesla (TSLA) missing its delivery growth target for full-year 2022 remains a concern heading into a “very cloudy” 2023, Wedbush said in a note to clients Tuesday. Analysts are now expecting delivery growth of 35% to 40% in 2023 as overall demand starts to dwindle for Tesla, according to the investment firm. Tesla needs to cut prices more especially in China and Chief Executive Elon Musk should now focus on the automaker instead of Twitter, which “remains a distraction and overhang” for Tesla, said Wedbush analysts.

Wedbush maintained Tesla’s outperform rating and $175 price target Read Post »

Bernstein: Maintain Tesla’s underperforming rating Demand challenges will continue in 2023

Bernstein analyst Toni Sacconaghi noted that despite positive price discounts, Tesla Q4 deliveries were 405,000 units, below consensus expectations of 418,000 units. Tesla is facing “significant demand issues,” with Q4 book value likely to be less than 0.65 times despite the significant price cuts. Analysts expect demand challenges to persist in 2023, especially with the exception of the 7-seater Model Y, which currently appears to have “no Tesla model” eligible for any Inflation Reduction Act (IRA) tax refund. Analysts said they were “more entangled” with Tesla stock. He believes that many investors are underestimating the scale of the demand challenge facing Tesla and that the 2023/2024 numbers could reset significantly. Sacconaghi is also concerned that the market could come under broader pressure amid rising interest rates/slowing consumer spending, continuing to disproportionately impact highly valued stocks such as Tesla. He maintained the stock’s underperform rating with a $150 price target.

Bernstein: Maintain Tesla’s underperforming rating Demand challenges will continue in 2023 Read Post »

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating

JPMorgan analyst Ryan Brinkman will cut Tesla’s price target to $125 from $150 and maintain an underweight rating on the stock. The analyst lowered his expectations after Tesla reported fourth-quarter deliveries slightly above his model, arguing that new car deliveries appear to come at the cost of higher incentives, suggesting lower pricing and profit margins. In addition, the analyst told investors in a research note that fourth-quarter deliveries fell short of consensus expectations, dragged down by lower pricing, and consensus expectations for fourth-quarter earnings of $1.19 per share could be revised downward. He expects the stock’s multiples to shrink further as the company’s growth expectations slow.

JPMorgan Chase: Lowered Tesla’s price target to $125 and maintained its underweight rating Read Post »

Starbucks (NASDAQ:SBUX) stock price trend forecast and trading range -2023.1.3

Starbucks (NASDAQ:SBUX) stock price trend forecast and trading range analysis: 2023.1.3 From the stock price chart analysis, the recent stock price continues to be in the medium-term uptrend, the recent stock price moved between $95 and $105, short-term trading strategies can sell high and buy low above the support,  or hold. If the stock price breaks above the $105 pressure upwards, the target price can be raised to $120. From the analysis of financial statements, the revenue in the fourth quarter of fiscal 2022 was $8.414 billion, the market estimate was $8.32 billion, YoY+3.28%, net profit was $878 million, YoY-50.22%, EPS was $0.76, YoY-48.99%. Quarterly dividend of $0.53 per share. Adjusted earnings per share for the fourth quarter were $0.81, versus market estimates of $0.72, compared to $0.99 from Q4 2022. The brand advantage is obvious, the business continues to recover, but the stock price is not cheap, and the

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Tesla’s new model was unveiled at the Guangzhou Auto Show and is expected to be delivered in the first half of 2023

On December 30, the 2022 Guangzhou International Auto Show opened, and Tesla unveiled its new models Model S Plaid and Model X Plaid. At the event, Tesla announced that the new models Model S Plaid and Model X Plaid will be officially announced on January 6, 2023, and delivery will begin in the first half of 2023.

Tesla’s new model was unveiled at the Guangzhou Auto Show and is expected to be delivered in the first half of 2023 Read Post »

Tesla (Nasdaq:TSLA) stock Price target Trend Forecast and trading range Analysis-2022.12.30

Tesla, Inc. (Nasdaq: TSLA)  stock Price target Trend Forecast and trading range Analysis: 2022.12.30 From the stock price chart analysis,  its support is $108,its resistance is $165.there is a well-established trading range between $108 and 140$,the stop-loss price is $106,the price target is $140,If the stock price bounces above $108, you can buy again,The trading strategy can be to sell high and buy low or to hold the shares until the share price reaches above the target price.if the stock price moves into below $108,next its resistance is $100 and its price maybe move into between $80 and $100.Hold stocks with a falling stock price trend cautiously. From Analysis from financial statements, Q3 2022 achieved revenue of US$21.454 billion, YoY+55.95%, net profit  of US$3.292 billion, YoY +103.46%, and EPS of US$0.95. R&D expenses were US$667 million, YoY+15.8%. Faced with demand worries and rising interest rates,405,278 deliveries and 439,701 production in

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