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Deutsche Bank Reiterates Hold Rating on Tesla (TSLA) Following 'Mixed' 1Q Report; 'Largely In-Line, Requires Strong Model 3 Launch'

May 4, 2017 9:15 AM EDT

Deutsche Bank maintains Hold rating and $240 price target on Tesla Motors (NASDAQ: TSLA), following the company's first quarter earnings report.

Analyst Rod Lache notes the company provided a mixed first quarter report, offering earnings per share print below the Street, while delivering revenues above... More