|Day's range||34.39 - 34.39|
Tesla (NASDAQ:TSLA) shares fell 3% yesterday after Berenberg downgraded the company to Hold from Buy with a price target of $210.00 (from $200.00) as it believes the upside is limited following the year-to-date outperformance. Long-term, Berenberg remains bullish on the company and highlights the “significant” opportunity in the smaller vehicle segment. Etsy (NASDAQ:ETSY) shares fell more than 6% premarket today after Jefferies downgraded the company to Underperform from Buy and cut its price target to $85.00 from $150.00 as it believes the company's 70% valuation premium to Internet appears unsustainable given below average EBITDA growth and risk of downside to consensus.
HOLX vs. EW: Which Stock Is the Better Value Option?
Results from Abbott's (ABT) PORTICO study support Navitor's recent FDA approval to treat patients with severe aortic stenosis who are at high or extreme risk for open-heart surgery.