Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.<\/p>\n
Aly Song | Reuters<\/p>\n
Here are the biggest calls on Wall Street on Monday:<\/p>\n
Deutsche Bank kept its hold rating on the stock and named the company as a catalyst call buy idea for the short-term. It also saidit thinks GE could post a better-than-expected fourth quarter in its next earnings report on January 29.<\/p>\n
\"However, we see the potential for GE to deliver a beat in 4Q19 and 2020e guidance that suggests upside to current consensus at the midpoint of the range. Despite GE's recent share price outperformance, we see the potential for a result consistent with our expectation to drive continued upward momentum in the stock price.\"<\/p>\n
Evercore said in its downgrade of the stock that it sees a difficult first half of 2020 due to macro headwinds among other things.<\/p>\n
\"We are adjusting our rating on IBM to In Line from Outperform as we see macro headwinds combined with a difficult H1:20 setup that warrants incremental caution especially given the current net leverage. Though positively, we see IBM+ Red Hat being well positioned to enable the shift to Hybrid era for large enterprises.\"<\/p>\n
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More here:<\/p>\n
Monday's analyst calls of the day: Tesla, Nvidia, Microsoft & more. - CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Aly Song | Reuters Here are the biggest calls on Wall Street on Monday: Deutsche Bank kept its hold rating on the stock and named the company as a catalyst call buy idea for the short-term. It also saidit thinks GE could post a better-than-expected fourth quarter in its next earnings report on January 29. Continue reading