News Snapshot:
Here are Tuesday's biggest calls on Wall Street: Piper Sandler reiterates Tesla as overweight Piper said it's standing by its overweight rating on the stock, but lowered its price target to $280 per share from $300. "Since the Q1 call, investors have fretted about Tesla's willingness to trade price for volume, and while we share management's view that margins will eventually rise due to software, this won't occur quickly enough to offset the near-term impact of lower prices, higher warranty costs, and slower inventory turnover." Evercore ISI reiterates Apple as outperform Evercore said it's bullish on Apple shares heading into...
