Barclays Maintains an 'Overweight' on Tesla Motors (TSLA); Start of a Virtuous Cycle as Model S Rolls
Tweet Send to a FriendGet Alerts TSLA Hot Sheet
Price: $105.34 +1.89%
Rating Summary:
11 Buy, 3 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Rating Summary:
11 Buy, 3 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 19 | New: 21
Trade TSLA Now!
Barclays maintains an 'Overweight' on Tesla Motors (NASDAQ: TSLA) price target of $38.00.
Analyst, Amir Rozwadowski, said, "...investors are likely to be focused primarily on 1) initial test drive feedback and 2) the pace of progress at Tesla's Fremont facility. While we have been broadly encouraged by the company's execution to date, we recognize that the stakes are high..."
"We continue to view the shares favorably ahead of what we consider is a multi-year product cycle and thus expect an improved cadence of news flow emerging in the coming weeks to serve as a positive catalyst for the company."
For an analyst ratings summary and ratings history on Tesla Motors click here. For more ratings news on Tesla Motors click here.
Shares of Tesla Motors closed at $29.91 yesterday, with a 52 week range of $21.50-$39.95.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Amir Rozwadowski, said, "...investors are likely to be focused primarily on 1) initial test drive feedback and 2) the pace of progress at Tesla's Fremont facility. While we have been broadly encouraged by the company's execution to date, we recognize that the stakes are high..."
"We continue to view the shares favorably ahead of what we consider is a multi-year product cycle and thus expect an improved cadence of news flow emerging in the coming weeks to serve as a positive catalyst for the company."
For an analyst ratings summary and ratings history on Tesla Motors click here. For more ratings news on Tesla Motors click here.
Shares of Tesla Motors closed at $29.91 yesterday, with a 52 week range of $21.50-$39.95.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Tesla (TSLA) Ramps Higher (GM)
- Adobe (ADBE) Posts Positive Creative Cloud Subscriber Surprise in Q2 - Jefferies
- Morgan Stanley Maintains Bullish Stance on Walter Energy (WLT)
Create E-mail Alert Related Categories
Analyst CommentsRelated Entities
Barclays, Tesla
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
