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Tesla Motors (TSLA) Bullish View Reiterated at Baird; Remains Top Pick
August 3, 2017 8:35 AM EDTBaird analyst Ben Kallo reiterated an Outperform rating and $368 price target on Tesla Motors (NASDAQ: TSLA) following strong results and continues to highlight the stock as a top pick for 2017.
Kallo commented, "Q2 results were better than we feared when we previewed the quarter.... More
UPDATE: Tesla Motors (TSLA) PT Raised to $386 at Piper Jaffray
August 3, 2017 6:06 AM EDT(Updated - August 3, 2017 6:13 AM EDT)
(updated to correct new price target)
Piper Jaffray raised its price target on Tesla Motors (NASDAQ: TSLA) to $386.00 (from $368.00) while maintaining a Overweight rating.
FY 2017 EPS estimate rises from ($7.02) to ($6.19) and FY 2018 EPS estimate rises from ($0.09) to $0.68.
... MoreTesla Motors (TSLA) PT Raised to $200 at JPMorgan
August 3, 2017 5:24 AM EDTJPMorgan raised its price target on Tesla Motors (NASDAQ: TSLA) to $200.00 (from $190.00) while maintaining a Underweight rating.
Analyst Ryan Brinkman remains cautious noting concern with the Model 3 ramp as well the high capital spending levels and large free cash burn.
FY 2017 EPS estimate... More
Tesla Motors (TSLA) PT Raised to $200 at Goldman Sachs
August 3, 2017 5:20 AM EDTGoldman Sachs raised its price target on Tesla Motors (NASDAQ: TSLA) to $200.00 (from $180.00) while maintaining a Sell rating.
Analyst David Tamberrino expects a capital raise in Q1 2018 and sees downside risk to Model 3 launch curve. He also expects further cash burn.
FY 2017 EPS... More
Tesla Motors (TSLA) PT Lowered to $155 at BofA/Merrill Lynch, Slashes EPS Estimates
August 3, 2017 5:13 AM EDTBofA/Merrill Lynch lowered its price target on Tesla Motors (NASDAQ: TSLA) to $155.00 (from $165.00) while maintaining a Underperform rating.
Analyst John Murphy remains negative on the company and says Model 3 ramp will likely be slow. he believes the current cash balance of $3 billion "is... More