The US is reportedly in talks to subject Elon Musk’s companies to national security clearances. Tesla Inc TSLA CEO was also embroiled in a battle over the purchase Twitter Inc. TWTR. The US government is reportedly unhappy that the billionaire is mobilizing funding from foreign high net worth individuals to complete the deal.
Benzinga readers can access the latest analyst ratings Analyst stock ratings Side. Readers can sort by stock ticker, company name, analyst firm, rating change, or other variable.
Here’s a look at some of the top EV manufacturers from multiple analysts, according to Benzinga Analyst Stock Reviews.
Tesla, Inc. TSLA
Current analyst ratings
mizuhos Analyst Vijay Rakesh kept a buy rating on the company on October 20, 2022 and lowered the price target to $370 from $330.
accuracy rate: 65%
Deutsche Bank’s Analyst Emmanuel Rosner reiterated a Buy rating on October 20, 2022 and lowered the price target to $390 from $355.
accuracy rate: 71%
Latest news: Tesla recently reported worse-than-expected third-quarter sales results.
General Motor Company GM
Current analyst ratings
UBS analyst Patrick Hummel downgraded General Motors to Neutral from Buy on October 10, 2022 while lowering the price target to $56 from $38.
Accuracy Rate: 16%
Morgan Stanley’s analyst Adam Jonas on October 5, 2022 kept an Equal Weight rating and decreased its price target to $42 from $30.
Accuracy Rate: 58%
Latest news: General Motors recently made a strategic investment in Queensland Pacific Metals in Australia to secure a new source of nickel and cobalt for Ultium battery cells. The company is expected to release quarterly results next week.
NIO Inc. NEVER
Current analyst ratings
Mizuho analyst Vijay Rakesh kept a Buy rating on NIO on October 6, 2022 and lowered its price target to $42 from $40.
Accuracy Rate: 65%
Citigroups analyst Jeff Chung reiterated a buy rating on September 8, 2022, lowering the price target to $41.1 from $31.3.
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