"Analysts are pounding the table over Tesla ( NASDAQ: TSLA). In fact, Wedbush just reiterated an outperform rating on the tech giant, with a price target of $600. The firm expects Elon Musk to get overwhelming shareholder support on the potential $1 trillion pay package, despite opposition from some shareholders. Analysts at Deutsche Bank just reiterated a buy rating on Tesla ahead of a shareholder vote this week. The firm raised its price target by $30 to $470."
"Yum Brands (NYSE: YUM): Analysts at Evercore ISI just upgraded YUM to an outperform rating with a price target of $180 from $165. All after YUM said it was exploring strategic options for Pizza Hut, including a potential sale. After all, offloading the struggling part of the business could give YUM a longer-term boost, the firm added."
"Analysts at JPMorgan reiterated an outperform rating on Alphabet (NASDAQ: GOOG) with a price target of $300 per share. As noted by Investing.com, "The firm notes that Alphabet is the second-best performing 'Mag 7' name year-to-date, up 37% and 80% from April lows, compared to the S&P 500's 15% and 36% gains respectively. JPMorgan cites the favorable outcome in the DOJ Search Commercial Agreement trial as removing a major overhang, while highlighting Google's strong financial performance and AI innovation.""
Wedbush reiterated an outperform rating on Tesla with a $600 price target and expects strong shareholder support for Elon Musk's potential $1 trillion pay package. Deutsche Bank reiterated a buy and raised its Tesla price target to $470 ahead of a shareholder vote. Shareholders will vote on a plan to grant Musk 425 million shares tied to decade-long financial and operational milestones requiring massive market-cap and EBITDA targets. Evercore ISI upgraded Yum Brands after the company explored options for Pizza Hut. Morgan Stanley and JPMorgan reiterated bullish views on Alphabet citing Google Cloud growth and AI strength. Melius and Loop Capital reiterated buys on Nvidia.
Read at 24/7 Wall St.
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