Tesla shareholders approve acquisition of SolarCity

Go back to Tesla shareholders approve acquisition of SolarCity

Baird Reiterates Bullish View on Tesla (TSLA) Following SolarCity (SCTY) Merger Approval

November 18, 2016 6:43 AM EST

Baird analyst Ben Kallo reiterated an Outperform rating and $3387 price target on Tesla Motors (NASDAQ: TSLA) after shareholders voted to approve the SolarCity (NASDAQ: SCTY) acquisition with an 85% vote.

Kallo commented, "Although the acquisition was controversial, we see... More