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Analysts Actions: Bad News All Around as Stocks Take Cuts

August 3, 2023
in Trade Tube
Reading Time: 1 min read
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Tesla (TSLA) gets its price target trimmed while Hershey (HSY) and Exxon Mobile (XOM) each get downgraded in Friday’s Analysts’ Actions. Tesla (TSLA) is seeing analysts at JP Morgan (JPM) reduce their price target, in part on discount fuel prices. And the Hershey Company (HSY) is seeing Deutsche Bank (DB) market watchers back away from bullish projections. Plus, Exxon Mobil (XOM) is getting sliced by analysts at Credit Suisse (CS) who say the company will be able to make dividends, but at the same time, that things look tough for pure-play North American energy companies.

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