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Workhorse Has The Edge Among EV Delivery Trucks, Oppenheimer Says
Thursday, September 3, 2020 - 1:30pm | 303While Workhorse Group Inc (NASDAQ: WKHS) has strong long-term growth prospects, there are multiple catalysts that lend near-term upside to its stock, according to Oppenheimer. The Workhorse Analyst: Colin Rusch initiated coverage of Workhorse with an Outperform rating and a price target of $23. The...
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A Bull Vs. Bear Take On Tesla's Stock
Wednesday, January 29, 2020 - 11:36am | 476Tesla Inc. (NASDAQ: TSLA) shares have escalated dramatically over the past six months. The company's shares have increased by 116% in that time period, peaking earlier this month at an all-time high of $572.20. Despite the outstanding performance, analysts continue to have mixed outlooks. Based...
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Tesla Gets New Street-High Price Target, Stock Breaks $500
Monday, January 13, 2020 - 1:24pm | 311Tesla Inc. (NASDAQ: TSLA) shares jumped more than 8% on Monday to top $500 for the first time, boosted by a huge price target hike from Oppenheimer. The charge for Tesla also followed a positive remark on CNBC from Jim Cramer, who called the company's CEO Elon Musk, "the new face of an...
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Tesla Analyst Says Automaker's Drive Forward Will Be Smoother
Wednesday, December 18, 2019 - 3:02pm | 406This year was full of ups and downs for Tesla Inc (NASDAQ: TSLA) but the future looks brighter for the maker of the Model 3, according to Oppenheimer analyst Colin Rusch. Tesla 'Hitting Their Stride' Some of the highlights from Tesla's 2019 include two new car model unveilings and...
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Tesla Analysts Debate Chinese Tax Exemption: 'Small Victory' Or 'Pretty Big Deal'?
Tuesday, September 3, 2019 - 12:32pm | 441All Tesla Inc (NASDAQ: TSLA) cars sold in China won't be subject to a customary 10% purchase tax. One Street analyst said on CNBC's "Squawk Box" that the tax win is merely a "small victory," while another said it's a "pretty big deal." What...
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Analysts Read Into Tesla Layoffs As Investors Pull Back
Friday, January 18, 2019 - 1:15pm | 722Tesla Inc (NASDAQ: TSLA)’s plan to bolster Model 3 margins and support sales of $35,000 versions doesn’t seem to sit well with investors. The stock was trading down nearly 11 percent at the time of publication Friday after the automaker announced thousands of layoffs....
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4 Reasons To Like Plug Power, According To Oppenheimer
Thursday, August 23, 2018 - 12:14pm | 335Plug Power Inc (NASDAQ: PLUG) is an industry leader in fuel cell technology for motive applications, according to Oppenheimer. The Analyst Oppenheimer's Colin Rusch initiated coverage of Plug Power with an Outperform rating and $2.50 price target. The Thesis The bullish case for Plug Power is...
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TerraForm Power's Q2 Print Energizes Oppenheimer
Wednesday, August 15, 2018 - 1:33pm | 395Solar and wind operator TerraForm Power Inc (NASDAQ: TERP) reported second-quarter results Monday that convinced Oppenheimer to turn bullish on the stock. The Analyst Oppenheimer's Colin Rusch upgraded TerraForm Power from Perform to Outperform with a new $14 price target. The Thesis...
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Oppenheimer: Electrification Will Galvanize Delphi, Drive Outperformance
Monday, July 23, 2018 - 12:35pm | 347Delphi Technologies PLC (NYSE: DLPH) has conceded 15 percent of its share value since Oppenheimer initiated coverage last month, but the analysts say things couldn’t get worse. The Rating Analysts Noah Kaye and Colin Rusch upgraded Delphi to Outperform and introduced a $53 price target. The...
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Oppenheimer's Bull Vs. Bear Debate On Tesla
Tuesday, June 19, 2018 - 2:05pm | 423Shares of Tesla Inc (NASDAQ: TSLA) aren't far off their all-time highs, but the stock remains one of the most divisive on Wall Street. Oppenheimer looked at five battleground points for bulls and bears in a Tuesday report. The Analyst Oppenheimer's Colin Rusch maintains...
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Oppenheimer's Bullish Stance On SunPower No Longer Applies
Thursday, February 15, 2018 - 11:01am | 357SunPower Corporation (NASDAQ: SPWR) reported Wednesday its fourth quarter results, which beat expectations on the top-and-bottom line. Management did highlight concerns with President Donald Trump's tariffs on imported solar panels. The Analyst Oppenheimer's Colin Rusch downgraded...
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Amid Shift To Electric Vehicles, Analyst Looks For BorgWarner To Benefit
Thursday, December 7, 2017 - 2:48pm | 325Not every auto supplier will survive the rise of electric. But BorgWarner Inc. (NYSE: BWA) hopes to ride the current — and Oppenheimer said it’s situated to do do. The Rating Oppenheimer analyst Noah Kaye initiated coverage on BorgWarner with an Outperform rating and $63 price target...
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The Future Of Trucking? Wall Street Weighs In On Tesla Semi, Roadster Unveiling
Friday, November 17, 2017 - 2:02pm | 1055The reveal of Tesla Inc (NASDAQ: TSLA)'s Semi and Roadster met wide enthusiasm. J B Hunt Transport Services Inc (NASDAQ: JBHT) and Wal-Mart Stores Inc (NYSE: WMT) pre-ordered the electric truck within the first 24 hours, and Tesla’s stock spiked as much as 4.3 percent. But the Street,...
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The Wall Street Reaction To Tesla's Underwhelming Quarter
Thursday, November 2, 2017 - 3:48pm | 772Tesla Inc (NASDAQ: TSLA)'s third-quarter earnings report made it clear that the company is at its core a combination of a tech company and a vertically integrated manufacturer, Oppenheimer's Colin Rusch said in a note. But the company's ability to become a "transformative"...
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2 Reasons Capstone Turbine Shares Are Now A Buy
Wednesday, October 4, 2017 - 1:14pm | 348Oppenheimer upgraded shares of Capstone Turbine Corporation (NASDAQ: CPST), noting that visibility into break-even has improved. As such, analysts upgraded shares from Perform to Outperform and introduced a $2 price target. That said, the firm sees potential upside to its price target, if the...