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D.A. Davidson Remains a Buy on Modine (MOD)

D.A. Davidson's Matt Summerville maintains a Buy rating on Modine (MOD) with a $200 price target. Summerville, a 5-star analyst, has a 12.9% average return and a 53.94% success rate. The analyst consensus on Modine is a Strong Buy with an average price target of $190.

Tip Ranks·
US
MOD
+11.30%
Tip Ranks·
US
MOD
+11.30%

Tesla Stock Rises. Why Musk’s xAI May Be Giving It a Boost.

The Wall Street Journal reported that Elon Musk’s xAI was on the verge of a $15 billion investment valuing the start-up at about $230 billion.

MSN·
US
TSLA
+2.49%
US
TSDD
-4.91%
US
TSLL
+4.88%
MSN·
US
TSLA
+2.49%
US
TSDD
-4.91%
US
TSLL
+4.88%

Tesla Stock (TSLA) Falls as 41% of EV Drivers Say They Will Avoid Brand over Politics

Tesla's stock fell nearly 2% after a poll revealed 41% of global EV drivers would avoid the brand due to political concerns. The survey, conducted by the Global EV Alliance, highlighted significant avoidance in the U.S. and Germany. Elon Musk's political actions, including support for far-right movements, have sparked controversy. Despite record vehicle deliveries, Tesla faces challenges in South America from Chinese competitors. Analysts currently rate Tesla as a Hold, with a price target suggesting a 4% downside risk.

Tip Ranks·
US
TSLA
+2.49%
US
TSDD
-4.91%
US
TSLL
+4.88%
Tip Ranks·
US
TSLA
+2.49%
US
TSDD
-4.91%
US
TSLL
+4.88%

Magna Opens New Wuhu Facility to Boost Electric Drive Production in China

Magna International Inc. has opened a new 160,000 square-foot facility in Wuhu, China, to produce electric drives for Chery and other automakers. This expansion is expected to create around 200 jobs and strengthens Magna's position in China's electric vehicle market, supporting electrification strategies and sustainable mobility.

Reuters·
US
MGA
+0.40%
Reuters·
US
MGA
+0.40%

Magna Brief: Magna Advancing Electrification Capabilities and Market Reach in China; Expansion Expected to Create About 200 New Jobs

Magna Brief: Magna Advancing Electrification Capabilities and Market Reach in China; Expansion Expected to Create About 200 New Jobs

marketscreener·
US
MGA
+0.40%
marketscreener·
US
MGA
+0.40%
Posts
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Stifel raised its price target for Tesla to $508 per share, up from a prior target, implying more than a 25 % upside from the then-current share price. $Tesla(TSLA.US)

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If you’re thinking quarter to quarter, you’ll get distracted by noise.

If you’re thinking in five to ten year windows, Tesla is building the backbone of physical AI. $Tesla(TSLA.US)

$Tesla(TSLA.US) (-1%) has significantly underperformed the S&P 500 (+12%) and NDX (+16%) this year despite clear evidence that it and a handful of competitors are close to achieving unsupervised auton...

$Tesla(TSLA.US)I’m bearish on Tesla.Musk‘s renewed presence at the White House could fuel further backlash against Tesla — including from within the Republican base.

If you buy into the idea that Elon is shifting TSLA from vehicle maker to “physical AI and robotics platform”, then this rally makes sense. $Tesla(TSLA.US)