Tesla Releases First Quarter 2016 Financial Results
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Tesla's (TSLA) Price Target Raised to $290 at Deutsche Bank; 'Hold' Rating Maintianed
May 5, 2016 1:12 PM EDTDeutsche Bank maintained a Hold rating on Tesla Motors (NASDAQ: TSLA) but boosted its price target to $290.00 (from $280.00). The change follows the release of Q1 results. Analyst Rod Lache called Q1 results "a bit light" but he noted that the most important development was the company's steepened growth plan.
Lache explained, "Tesla now targets 500,000 units of annual production by 2018, 2 years earlier than previously planned. On their call management also suggested that they hope to sustain a 50% growth rate, which would... More
Tesla (TSLA) Losses Steam as Investors Brace for Capital Raise
May 5, 2016 10:36 AM EDTAfter opening up 2.7% following its earnings and production update after the close, shares of Tesla (NASDAQ:... More
Tesla (TSLA) PT Raised to $338 at Baird
May 5, 2016 6:20 AM EDTBaird analyst Ben Kallo reiterated an Outperform rating and raised his price target to Tesla Motors (NASDAQ: TSLA) to $338.00 (from $300.00) following in-line Q1 results.
"Importantly, TSLA resolved most of its Model X production issues, reiterated its FY:16 delivery target, and expects... More
