Morgan Stanley Lowers Tesla Rating Despite Long-Term Optimism
Morgan Stanley downgrades Tesla to Equal Weight, citing high valuation and cautious EV outlook, even as it sees long-term leadership in autonomy, energy, and robotics.
Morgan Stanley downgrades Tesla to Equal Weight, citing high valuation and cautious EV outlook, even as it sees long-term leadership in autonomy, energy, and robotics.
Victoria's Secret reports strong Q3 results with 9% sales growth and 8% comparable sales increase, signaling successful turnaround under CEO Hillary Super amid resilient consumer spending.
Ulta Beauty shares impressive third-quarter results, raising its sales and profit outlook for fiscal 2025 due to strong consumer demand for beauty products and successful strategic growth.
Five Below (FIVE) raises 2025 guidance after Q3 comparable sales jump 14.3%, signaling strong demand for affordable trendy products among budget-conscious shoppers.
JPMorgan downgraded Lennar to Underweight with a reduced price target of $115, citing weak demand, supply challenges, and downside risk for homebuilders in 2026.
Jefferies cuts Wayfair to Hold, citing weaker holiday traffic and softer consumer buying intentions. The firm says the stock’s risk/reward now looks balanced with a $94 price target.