Brokerage firm CLSA maintained a bullish call on Reliance Industries even as the stock has seen a huge correction recently. What Happened: Reliance’s share price has fallen more than 20% from its highs in July. The company in its Q2 results saw its bottom line decline by 4.8% to ₹16,563 crore. The conglomerate’s revenue was…
Wedbush analyst Dan Ives is out with an early reaction to Palantir Technologies Inc.’s PLTR “eye-popping” results, featuring beats across the board. What To Know: Palantir, which Ives calls “The Messi of AI,” beat analyst estimates on the top and bottom lines when it reported third-quarter financial results after the market close on Monday. Total…
Wedbush analyst Scott Devitt has reiterated an Outperform rating and $205 price target on Alphabet Inc. GOOG ahead of earnings on Oct. 29. Here’s what you need to know. What To Know: The Wedbush analyst released a new note on Wednesday calling Alphabet an “above average company” with a “below average multiple.” While Alphabet’s advertising…
Tesla Inc TSLA analysts and experts highlighted the importance of the company’s third-quarter deliveries, while they also pointed to other October catalysts that include full quarterly financial results and the company’s highly anticipated Robotaxi Day on Oct. 10. What Happened: Tesla reported third-quarter deliveries of 462,890 vehicles, up 6.4% year-over-year and up 4.3% quarter-over-quarter. The…