Consumer Discretionary

Tesla (NASDAQ:TSLA) price target lowered to $205 from $235 at Goldman Sachs

Goldman Sachs analyst Mark Delaney lowered the firm’s price target on Tesla (NASDAQ:TSLA) to $205 from $235 and keeps a Buy rating on the shares after the company delivered about 405,000 vehicles and produced about 440,000 vehicles in Q4, missing consensus. The analyst considers the Q4 delivery report to be “an incremental negative,” although he continues to see Tesla as well positioned for long-term growth given its position as a cost and full solution leader in clean mobility/EVs.

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Tesla reports 405,278 deliveries in Q4 2022

Total deliveries Q4 2022: 405,278,up 31% from the same period a year before. Total production Q4 2022: 439,701 Total annual deliveries 2022: 1.31 million Total annual production 2022: 1.37 million These numbers represented a new record for the Elon Musk-led automaker and growth of 40% in deliveries year-over-year. According to a consensus of analysts’ estimates compiled by FactSet, as of Dec. 31, 2022 Wall Street was expecting Tesla to report deliveries around 427,000 for the final quarter of the year. Estimates updated in December, and included in the FactSet consensus, ranged from 409,000 to 433,000.

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Tesla Q4 is still expected to achieve record deliveries

Expect $Tesla (TSLA. US)$ will announce record quarterly deliveries in early January, but the company is grappling with inflation, rising interest rates, falling production and concerns about weak demand that may still struggle to keep investors happy. To clear inventory, Tesla is offering a rare $7,500 discount to U.S. customers who buy a Model 3 or Model Y, as well as 10,000 miles of free supercharging. Delivery volumes are one of the most closely watched indicators for investors, who are eager to see if Tesla can maintain its rapid growth. According to 16 analysts, global sales could reach 420,760 units in the fourth quarter, a forecast figure (excluding some recent analysts’ forecasts) that exceeded the record 343,830 vehicle deliveries in the third quarter. Robert W. Baird analyst Ben Kallo lowered his forecasts for fourth-quarter and 2023 deliveries to account for slowing production and a weaker macro environment. Kallo has an

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The Goldman Sachs Group Analysts Give NIKE (NYSE:NKE) a $133.00 Price Target

NIKE (NYSE:NKE – Get Rating) has been given a $133.00 target price by analysts at The Goldman Sachs Group in a research report issued to clients and investors on Monday, Borsen Zeitung reports. The Goldman Sachs Group’s price target would indicate a potential upside of 13.67% from the stock’s previous close.

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Target (NYSE:TGT) Stock Price Trend Forecast and Market Analysis-2022.12.30

Target (NYSE:TGT) stock price trend forecast and market analysis: 2022.12.30 From the stock chart analysis, the recent stock price has rebounded slightly after falling below $140, and the probability of the stock price falling is high, and the short-term buy price is recommended above $140, the price target is $148, and the stop loss price is $140. Medium-term and long-term holding margins are not visible for the time being. The medium-term stock price trend falling to $130 is a high probability event, and the current stock price trend only suggests a short-term rebound. From Analysis from financial statements, Q3 2022 achieved revenue of $26.12 billion, market estimate of $25.97 billion, YoY+3.3%, net profit attributable to common shareholders of $712 million, YoY-52.1%, EPS of $1.54, and expectation of $2.15. Quarterly dividend of $1.08 per share. The basic performance judgment shows that the medium-term and long-term trading range is between $120 and

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Walmart (NYSE: WMT) Stock Price Trend Forecast and Market Analysis-2022.12.29

Walmart (NYSE: WMT) stock price trend forecast and market analysis: 2022.12.29 From the stock chart analysis, the recent stock price has fallen from the high of $154 of the rebound, and the probability of short-term stock prices fluctuating above and below the 60-day moving average is very high. If the stock price falls below $135, it may start a new short-term downtrend, and it is recommended that the short-term transactions buy price be held above $135 or sell high and buy low. Medium-term holding has a lower chance of profit.  The recommended short-term and medium-term stop loss price is $135. From Analysis from financial statements, Q3 2023 achieved revenue of $152.8 billion, YoY +8.7%, net income attributable to common shareholders -$1.798 billion, YoY-157.9%, EPS -$0.66. The company’s long-term holding value remains unchanged, and it is recommended to control the buying point at about $120 for long-term holding, and it is

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Tesla (NASDAQ:TSLA) price target Lowered to $250 at Morgan Stanley

Morgan Stanley analyst Adam Jonas lowered Tesla’s (NASDAQ:TSLA) price target to $250 from $330, maintaining an “overweight” rating. Considering the steep discount on electric vehicle prices, Jonas attributed the $43 price target reduction to the core automotive business. The analyst also attributed the $12 price target cut to the autonomous driving business and the $25 price target to the network services business.

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S&P Global: The impact of insufficient supply of automotive chips is expected to slow in 2023

According to a report by research firm S&P Global, the impact of insufficient supply of automotive chips is expected to slow down in 2023, but global new vehicle sales of passenger cars and light commercial vehicles only increased by 5.6% year-on-year to about 83.6 million units, lower than in 2019 before the pandemic. Even though global new cars have been in short supply for two consecutive years, there are still accumulated orders undigested, and it is estimated that global new car sales in 2022 will decline by 1.3% year-on-year to only 79.2 million units.

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Amazon plans to launch a standalone sports app

According to people familiar with the matter, Amazon has discussed developing a standalone sports content viewing app. The company’s CEO, Andy Jassy, is ramping up his efforts in the streaming business. While one of the people said the company has yet to decide whether to move forward with the plan, discussions suggest that Amazon may be considering new ways to generate revenue from the multibillion-dollar deal it signed with live sports. So far, most of these sporting events are included in the standard Prime membership subscription service.

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Tesla is likely to announce fourth-quarter deliveries on January 3, with an expected delivery of about 425,000

Tesla (NASDAQ:TSLA) will announce deliveries for the fourth quarter in a few days. Wall Street expects Tesla to deliver about 425,000 vehicles in the fourth quarter. Tesla usually announces deliveries on the second day of the new quarter, with the next quarter starting Jan. 2. In addition, Wall Street expects Tesla to deliver approximately 445,000 units in the first quarter of 2023 and 1.9 million units for the full year, up from 1.3 million units expected for the full year in 2022.

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Lululemon (NASDAQ:LULU) Stock Price Trend Forecast and Market Analysis-2022.12.28

Lululemon Athletica Inc. (NASDAQ:LULU) stock price trend forecast and market analysis: 2022.12.28 From the stock chart analysis, the recent stock price fell to $305, and the short-term remained in the range of $305-$320. The probability of choosing the direction of volatility in the near future is higher, with short-term bids above $305, stop-loss prices of $305, and price target  of $320. If the stock price breaks upward, the probability of falling below $320 again will decrease, and it can be chased higher after effectively breaking through $320. If the stock price effectively falls below $305, the probability of testing $280 again will rise sharply, and it is recommended to leave the market and wait and see, but the probability of this trend is low. The long-term recommended buy price of $310 and hold, but there is little room for short-term profit. From Analysis from financial statements,, revenue for the third

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