JP Morgan predicts Tesla shares will plunge more than 40% before the end of the year

Tesla’s stock fell 2.1 percent Friday. Its shares are up 3 percent so far this year through Thursday versus the S&P 500’s 5 percent gain. Brinkman reaffirmed his $180 December 2018 price target for Tesla shares, representing 44 percent downside from Thursday’s close. The analyst is cautious on the company’s second-quarter financial numbers. It is…

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Morgan Stanley upgrades Wells Fargo due to the bank’s ‘positive stress test results’

Morgan Stanley says the passage of Wells Fargo’s capital return plan by the Federal Reserve is a significant positive event for the company. On Thursday, the Fed approved Wells Fargo’splan in the second part of its annual bank stress tests. Earlier this year, the central bank ordered Wells Fargo to cap its assets until it…

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Kinder Morgan Drops A Shocking Bombshell: 5 Things Investors Need To Know

(Source: imgflip) Kinder Morgan (NYSE:KMI) was once the darling of the midstream industry, thanks to its enormous base of wide-moat assets, highly stable long-term contracted cash flow, and very fast dividend growth. Then, the wheels fell off during the worst oil crash in over 50 years. Several major mistakes made by management over the years…

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