A month ago, Teslas closing stock price peaked at $383.45, and last week the stock closed below $330.
Tesla Inc. Powerpacks and inverters stand at the Southern California Edison Co. Mira Loma energy storage system facility in Ontario, California, U.S., on Thursday, June 1, 2017. The Mira Loma substation houses nearly 400 Tesla Powerpack units, in an effort to operate to state regulations on producing clean energy electricity. Photographer: Patrick T. Fallon/Bloomberg
Apparently, investors are beginning to catch on to the fact that Tesla CEO Elon Musk has a severe case of a behavioral condition known as the planning fallacy. People who suffer from the planning fallacy are serial offenders when it comes to projects coming in over budget, late, and with fewer features than promised. The New York Times reported that Telsa’s main problematic issues pertain to a slower timetable than expected for the introduction of the Model 3, along with problems that relate to the manufacture of its battery packs.
Best Clean Energy Stocks To Invest In 2019: Cotiviti Holdings, Inc. (COTV)
- [By Max Byerly]
Cotiviti Holdings, Inc. (NYSE:COTV) – Equities research analysts at Jefferies Group lowered their FY2018 earnings estimates for Cotiviti in a report issued on Wednesday, May 2nd. Jefferies Group analyst S. Dodge now expects that the business services provider will post earnings per share of $1.68 for the year, down from their previous estimate of $1.71. Jefferies Group also issued estimates for Cotiviti’s FY2019 earnings at $1.87 EPS.
Best Clean Energy Stocks To Invest In 2019: Invesco Pennsylvania Value Municipal Income Trust(VPV)
- [By Stephan Byrd]
News stories about Invesco Pennsylvania Value Mncpl Incm Tr (NYSE:VPV) have been trending very positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Invesco Pennsylvania Value Mncpl Incm Tr earned a news impact score of 0.65 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 48.6094961265878 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Best Clean Energy Stocks To Invest In 2019: Entercom Communications Corporation(ETM)
- [By Money Morning News Team]
Entercomm Communications Corp. (NYSE: ETM) is a Pennsylvania-based broadcasting and radio network corporation that was founded in 1968.
The company owns 235 radio stations across 48 media markets and is the second-largest radio company in the United States. The company began its digital marketing arm in 2014 and announced the acquisition of Lincoln Financial Media the same year.
- [By Ethan Ryder]
Entercom Communications (NYSE:ETM) saw unusually large options trading activity on Thursday. Stock investors acquired 31,151 call options on the stock. This is an increase of 1,443% compared to the typical volume of 2,019 call options.
- [By Joseph Griffin]
Entercom Communications (NYSE:ETM) was downgraded by research analysts at Noble Financial from a “buy” rating to a “hold” rating in a report released on Wednesday, The Fly reports.
Best Clean Energy Stocks To Invest In 2019: BancorpSouth, Inc.(BXS)
- [By Stephan Byrd]
Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:
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Zacks: Brokerages Anticipate BancorpSouth Bank (BXS) Will Announce Quarterly Sales of $215.14 Million (americanbankingnews.com) BancorpSouth opens on Eldorado Parkway in McKinney (communityimpact.com) Analysts Anticipate BancorpSouth Bank (BXS) to Announce $0.55 EPS (americanbankingnews.com) BancorpSouth Bank (BXS) Given Average Recommendation of “Hold” by Analysts (americanbankingnews.com)
BXS has been the subject of several research analyst reports. Zacks Investment Research downgraded shares of BancorpSouth Bank from a “hold” rating to a “sell” rating in a research note on Tuesday, March 27th. Hovde Group set a $35.00 price target on shares of BancorpSouth Bank and gave the company a “hold” rating in a research note on Monday, April 23rd. Piper Jaffray set a $36.00 price target on shares of BancorpSouth Bank and gave the company a “hold” rating in a research note on Monday, April 23rd. Royal Bank of Canada reaffirmed a “hold” rating and issued a $37.00 price target on shares of BancorpSouth Bank in a research note on Friday, April 20th. Finally, Brean Capital reaffirmed a “hold” rating on shares of BancorpSouth Bank in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $35.00.
Best Clean Energy Stocks To Invest In 2019: Fidelity Southern Corporation(LION)
- [By Max Byerly]
ValuEngine cut shares of Fidelity Southern (NASDAQ:LION) from a strong-buy rating to a buy rating in a research note published on Wednesday morning.