BofA/Merrill Lynch Remains Negative on Tesla (TSLA)
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Price: $406.55 +3.17%
Rating Summary:
29 Buy, 26 Hold, 16 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 19 | New: 38
Rating Summary:
29 Buy, 26 Hold, 16 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 19 | New: 38
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BofA/Merrill Lynch maintains Underperform on Tesla Motors (NASDAQ: TSLA) price target of $155.00.
Analyst John Murphy is negative on the cash and burn with another capital raise on the horizon in 2018 coupled with a slow Model 3 ramp.
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 $321.08 yesterday.
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