Tag: dan ives
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Biden’s infrastructure plan is a ‘green tidal wave’ that will revive the EV sector after its recent pullback, Wedbush says
Drew Angerer/Getty Images Wedbush's Dan Ives states Biden's infrastructure plan will probably be a "green tidal wave" for the EV sector. Ives sees roughly 10 percent approximately $200 billion of the plan moving to EV initiatives. The analyst anticipates an expansion of tax credits "to the 10k range or possibly higher. " Sign up here…
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The recent tech sell-off creates a ‘massive buying opportunity’ with another 30% jump for the sector possible in 2021, Wedbush says
Xinhua/Wang Ying/Getty Images The recent decline in tech stocks has created a “massive buying opportunity” in the sector, according to Wedbush analyst Dan Ives. Ives said he believes another 30% jump in tech names is possible in 2021. The analyst argued that 30% to 40% of employees could eventually be permanently remote, adding fuel to…
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Tesla will leap 12% from current levels as pent-up demand drives Chinese market domination, Wedbush says
Reuters Wedbush analyst Dan Ives increased his price target for Tesla shares to $475 from $380 on Thursday, citing stronger-than-expected deliveries in China.The new goal implies a 12% profit from the automaker’s Thursday closing price of $423.43. China is a”key market” to get Tesla that could constitute 40 percent of global sales as soon as…