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A Missouri initiative aims to force Tesla to close its St. Louis and Kansas City showrooms by requiring the company to sell through independent franchises, citing state motor vehicle sales laws. The effort, led by attorney Brad Ketcher, is partly a response to Elon Musk's controversial federal budget cuts. If successful, the initiative could revoke Tesla's dealership licenses, reflecting ongoing tensions between traditional auto dealers and the electric vehicle manufacturer.
UBS analyst Gregg Orrill has reiterated a Buy rating on American Water Works with a $156 price target, citing strong momentum and positive legislative developments in Missouri that could enhance operational efficiency. The company reported fourth-quarter earnings exceeding expectations and plans significant capital investments in infrastructure. Despite a recent price target adjustment by Evercore ISI to $139, American Water's solid financial health and strategic initiatives position it well for future growth.
Mike Kehoe
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missouri initiative seeks to force tesla to close local showrooms
United States Dollar
Tesla, Inc.
USA
Deb Lavender
Elon Musk
Donald Trump
Mike Kehoe
Mel Carnahan
Brad Ketcher
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19:11 28.03.2025
ubs maintains buy rating on american water with positive outlook
American Water Works Company Inc.
USA
Susan Hardwick
Gregg Orrill
Melanie M. Kennedy
Andrew Griffith
Mike Kehoe
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15:50 14.03.2025
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