Chinese Demand Could Raise Tesla Price Targets to $500
Will Tesla’s rally be able to continue into 2020? Equity Research Analyst, Daniel Ives appeared on Cheddar TV to discuss Tesla’s possibility of success in China. Dan, is really bullish on the stock and states that Tesla’s future success is really dependent on Chinese demand.
IBM’s Annual Weak YOY Booking Metrics relative to Peer’s Strength Could Point to Ongoing Market Share Losses, Potentially Hindering IBM’s Ability to Grow its Service Businesses in CY20 and CY21
IBM’s success may hang in the balance on how well Red Hat keeps contributing to Big Blue’s cloud ventures. Wedbush’s Moshe Katri covers IBM and explains how IBM will take negative impacts as software progresses toward new cloud tech. For more on Moshe Katri’s comments: IBM stock ticks higher as analysts debate merits of Red Hat on Big Blue’s future