Category: daiwa

Daiwa Gets Bullish on Tesla Citing Its Edge Amid Russia-Ukraine Crisis

Daiwa analyst Jairam Nathan upgraded Tesla Inc. to Outperform from Neutral with a price target of $900, down from $980. It implies an upside of 12.4 percent. The analyst says renewed supply chain concerns combined with higher oil prices enhance Tesla’s competitive advantage over legacy internal combustion engines. Tesla’s ability to export out of “cost-efficient” China and its…


Read What Makes Daiwa Bullish on AMD

Daiwa analyst Louis Miscioscia upgraded Advanced Micro Devices Inc to Buy from Outperform with a price target of $150, up from $140. The price target implies an upside of 14.7 percent. The analyst cites the recent pullback in the shares for the upgrade. In addition, AMD’s prospects are “looking good” for 2022 and 2023, Miscioscia tells investors in a…