Here are the biggest calls on Wall Street on Monday: Canaccord reiterates Tesla as buy Canaccord raised its price target on Tesla to $881 per share from $815 and says the company is a "sustainability behemoth." "While macroeconomic factors and recent price increases can certainly impact order rates, we estimate Tesla's EV momentum and competitive lead - from manufacturing, to materials procurement, to autonomy - is secured for some time.
to Overweight from Neutral. has nearly 3 GW of US based module capacity, expanding to 5.9 GW by YE24 that will qualify for domestic manufacturing tax credits." Read more about this call here. Guggenheim upgrades First Solar to buy from neutral Guggenheim said the solar company is a key beneficiary of the Inflation Reduction Act. "Of all the names in our coverage, we believe
appears positioned to benefit the most from the provisions of the Inflation Reduction Act that passed the Senate yesterday. Although there is still some potential uncertainly as to the legislation's fate in the House, the odds of passage have improved considerably, in our judgement." Telsey downgrades Leslie's to market perform from outperform Telsey said in its downgrade of the pool stock that it sees too many execution issues.
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