Wells Fargo downgrades Tesla stock: 'Growth company with no growth'

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Wells Fargo downgrades Tesla stock: 'Growth company with no growth'
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Tesla (TSLA) has received a downgrade from Wells Fargo, with the firm lowering its rating from Equal Weight to Underweight. In addition, Wells Fargo has...

) has received a downgrade from Wells Fargo, with the firm lowering its rating from Equal Weight to Underweight. In addition, Wells Fargo has significantly slashed its price target on the stock –– setting a new figure of $125, down from $200. The firm cites concerns over Tesla's recent price cuts and potential delivery slowdowns, which it believes will drive further losses for the electric vehicle maker.

Here's how RRSP contributions in retirement can boost your CPP income. The post CRA Money: How Your RRSP Can Boost Your CPP Benefits appeared first on The Motley Fool Canada.The Dow Jones Industrial Average, S&P 500 are off to a hot start in 2024, but are we in danger of a stock market bubble? Here are four ways to know.This growth stock has climbed rapidly, and is up 12% after earnings! Yet there is still room to run according to the company's outlook.

OTTAWA — Statistics Canada says households owed $1.79 in credit market debt on average for every dollar of disposable income in the fourth quarter. The federal agency says seasonally-adjusted household credit market debt as a proportion of household disposable income fell for the third quarter in row. The figure dipped to 178.7 per cent in the fourth quarter from 179.2 per cent in the third quarter.

The past decade, or even several decades, have been good for Apple investors. According to Apple's Q1 earnings report for 2024, company revenue is up 3%, while quarterly earnings per diluted share are...In this article, we will take a detailed look at Jim Cramer Does Not Like These 10 Stocks. For a quick overview of such stocks, read our article Jim Cramer Does Not Like These 5 Stocks.

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