Tesla chief executive Elon Musk is calling out Goldman Sachs after the bank encouraged investors to sell the carmaker's stock.
"Place your bets," Musk quipped on Twitter, appearing to challenge would-be sellers to exit at their own risk.
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The CEO's response comes shortly after Goldman analysts advised clients to ditch the stock, worried that Tesla won't be able to meet its Model 3 production goals by the end of June.
Odd Anderson | AFP | Getty Images Tesla's CEO Elon Musk"We believe the sustainable production rate for the second quarter of 2018 is most likely below the 2,000 vehicle mark the company achieved in the final week of the [first] quarter," Goldman analyst David Tamberrino wrote Tuesday. "We see the company likely sustaining Model 3 production around the 1,400 per week mark."
Top Stocks To Watch For 2019: H. B. Fuller Company(FUL)
Advisors' Opinion:- [By Max Byerly]
H.B. Fuller (NYSE: FUL) and CSW Industrials (NASDAQ:CSWI) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
- [By Garrett Baldwin]
Get an exclusive invitation to meet Tim before everyone else right here.
The Top Stock Market Stories for Wednesday The U.S. markets are preparing for the eighth interest rate hike since 2015, and the Federal Reserve may not be done yet. Markets are weighing the possibility that the Fed may raise rates one more time this year (in December). The hikes come as the Fed is attempting to shrink its $4.5 trillion balance sheet. When Powell speaks this afternoon, expect a few questions about the impact of the trade war between the United States and China. Reporters will also likely want to know about geopolitical risks to the U.S. economy and how they might affect growth in a higher-interest-rate environment. Yesterday, U.S. President Donald Trump gave a speech before the United Nations General Assembly. During his talk, Trump praised the U.S. economy and defended his administration's actions this year on trade. Trump said that the United States will no longer endure "abuse" from other trade partners. The U.S. Trade Representative Robert Lighthizer also said Tuesday that the U.S. is prepared to proceed on a new trade deal with Mexico without the participation of Canada. Oil prices are in focus after President Trump called out OPEC members before the U.N. on Tuesday. During his talk, Trump accused OPEC and non-OPEC participants in collusion efforts on production and prices of ripping off the rest of the world. Three Stocks to Watch Today: NKE, SVMK, DB Shares of Nike Inc. (NYSE: NKE) fell 3.5% after the sports apparel giant reported earnings after the bell. The company topped earnings expectations and reported profit growth of 15%. However, investors took some profits off the table. Shares of Nike stock are up more than 35% on the year. SVMK, the parent company of SurveyMonkey, has priced its upcoming IPO at $12 per share. That figure is above analysts' initial range expectation of $9 to $11 per share. The firm expects to reach a market capitalization of $1.46 bil - [By Stephan Byrd]
Get a free copy of the Zacks research report on HB Fuller (FUL)
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- [By Ethan Ryder]
Shares of HB Fuller Co (NYSE:FUL) hit a new 52-week low during trading on Thursday . The company traded as low as $46.41 and last traded at $47.30, with a volume of 10697 shares changing hands. The stock had previously closed at $47.24.
- [By Logan Wallace]
HB Fuller Co (NYSE:FUL) – Research analysts at KeyCorp reduced their FY2019 earnings estimates for HB Fuller in a research note issued to investors on Monday, October 1st. KeyCorp analyst M. Sison now forecasts that the specialty chemicals company will earn $3.80 per share for the year, down from their previous forecast of $3.90.
Top Stocks To Watch For 2019: Asbury Automotive Group Inc(ABG)
Advisors' Opinion:- [By Max Byerly]
These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:
Get Asbury Automotive Group alerts: Should Value Investors Pick Asbury Automotive (ABG) Stock? (finance.yahoo.com) Asbury Automotive Group (ABG) and Rush Enterprises (RUSHA) Financial Review (americanbankingnews.com) Asbury Automotive Group, Inc. (ABG) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com) Head-To-Head Review: Asbury Automotive Group (ABG) versus Murphy USA (MUSA) (americanbankingnews.com) Comparing Asbury Automotive Group (ABG) and TravelCenters of America (TA) (americanbankingnews.com)A number of equities research analysts have recently weighed in on the stock. Buckingham Research raised their price objective on shares of Asbury Automotive Group from $75.00 to $77.00 and gave the company a “buy” rating in a report on Wednesday, April 25th. Zacks Investment Research upgraded shares of Asbury Automotive Group from a “hold” rating to a “buy” rating and set a $78.00 price objective on the stock in a report on Wednesday, May 16th. ValuEngine lowered shares of Asbury Automotive Group from a “buy” rating to a “hold” rating in a report on Tuesday, May 22nd. Finally, Morgan Stanley raised their price objective on shares of Asbury Automotive Group from $53.00 to $63.00 and gave the company an “underweight” rating in a report on Wednesday, March 14th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company. Asbury Automotive Group currently has a consensus rating of “Hold” and a consensus price target of $67.33.
- [By Max Byerly]
Get a free copy of the Zacks research report on Asbury Automotive Group (ABG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on Asbury Automotive Group (ABG)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
Arizona State Retirement System lifted its position in shares of Asbury Automotive Group, Inc. (NYSE:ABG) by 2.2% in the fourth quarter, Holdings Channel reports. The fund owned 30,187 shares of the company’s stock after buying an additional 662 shares during the period. Arizona State Retirement System’s holdings in Asbury Automotive Group were worth $2,012,000 at the end of the most recent quarter.
Top Stocks To Watch For 2019: HNI Corporation(HNI)
Advisors' Opinion:- [By Shane Hupp]
Get a free copy of the Zacks research report on HNI (HNI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Lisa Levin]
Some of the stocks that may grab investor focus today are:
Wall Street expects Halliburton Company (NYSE: HAL) to report quarterly earnings at $0.42 per share on revenue of $5.75 billion before the opening bell. Halliburton shares fell 0.06 percent to $51.93 in after-hours trading. Analysts expect Alphabet Inc. (NASDAQ: GOOGL) to post quarterly earnings at $9.33 per share on revenue of $30.31 billion after the closing bell. Alphabet shares gained 0.24 percent to $1,079.88 in after-hours trading. Before the markets open, Lennox International Inc. (NYSE: LII) is projected to report quarterly earnings at $1.09 per share on revenue of $815.16 million. Lennox shares dropped 2.84 percent to close at $197.08 on Friday. HNI Corporation (NYSE: HNI) reported retirement of its CEO Stan A. Askren and appointment of Jeffrey D. Lorenger as new CEO. HNI also reported strong earnings for its first quarter. HNI shares fell 3.17 percent to $34.20 in the after-hours trading session. Analysts are expecting Hasbro, Inc. (NASDAQ: HAS) to have earned $0.35 per share on revenue of $822.15 million in the latest quarter. Hasbro will release earnings before the markets open. Hasbro shares fell 0.39 percent to $82.49 in after-hours trading.Find out what's going on in today's market and bring any questions you have to Benzinga's PreMarket Prep.
Top Stocks To Watch For 2019: WSFS Financial Corporation(WSFS)
Advisors' Opinion:- [By Shane Hupp]
WSFS Financial Co. (NASDAQ:WSFS) has earned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $59.20.
- [By Joseph Griffin]
Get a free copy of the Zacks research report on WSFS Financial (WSFS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Max Byerly]
Get a free copy of the Zacks research report on WSFS Financial (WSFS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top Stocks To Watch For 2019: Hawaiian Telcom Holdco, Inc.(HCOM)
Advisors' Opinion:- [By Max Byerly]
News coverage about Hawaiian Telcom HoldCo (NASDAQ:HCOM) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hawaiian Telcom HoldCo earned a news impact score of 0.06 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 46.776618457707 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Top Stocks To Watch For 2019: Golfsmith International Holdings Inc.(GOLF)
Advisors' Opinion:- [By Max Byerly]
Golfcoin (CURRENCY:GOLF) traded up 0.2% against the U.S. dollar during the one day period ending at 21:00 PM ET on August 25th. Golfcoin has a total market capitalization of $342,500.00 and $182.00 worth of Golfcoin was traded on exchanges in the last day. During the last seven days, Golfcoin has traded 4.8% higher against the U.S. dollar. One Golfcoin coin can now be purchased for approximately $0.0002 or 0.00000003 BTC on exchanges.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Golfsmith International (GOLF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Stephan Byrd]
Shares of Acushnet Holdings Corp (NYSE:GOLF) have received an average recommendation of “Buy” from the ten brokerages that are currently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $25.50.
- [By Joseph Griffin]
Headlines about Golfsmith International (NASDAQ:GOLF) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Golfsmith International earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news coverage about the specialty retailer an impact score of 45.7726462206896 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
- [By Shane Hupp]
DA Davidson reissued their hold rating on shares of Acushnet (NYSE:GOLF) in a research note published on Monday.
A number of other research analysts have also issued reports on the stock. Morgan Stanley reiterated an overweight rating on shares of Acushnet in a report on Thursday, March 8th. ValuEngine upgraded shares of Acushnet from a hold rating to a buy rating in a report on Thursday, February 8th. SunTrust Banks reiterated a buy rating and issued a $26.00 price objective on shares of Acushnet in a report on Wednesday, April 11th. Compass Point lowered shares of Acushnet from a buy rating to a neutral rating and set a $24.00 price objective for the company. in a report on Monday, March 19th. Finally, KeyCorp reiterated an overweight rating on shares of Acushnet in a report on Thursday, March 8th. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of Buy and a consensus target price of $23.40.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Golfsmith International (GOLF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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