Tesla needs more time to turn profit; founding engineer steps down

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Go back to Tesla needs more time to turn profit; founding engineer steps down

Tesla (TSLA) PT Lowered to $337 at JMP Securities

July 25, 2019 7:42 AM EDT

JMP Securities analyst Joseph Osha lowered the price target on Tesla (NASDAQ: TSLA) to $337.00 (from $347.00) while maintaining a Market Outperform rating following the company's 2Q. Tesla reported results for the second quarter that were generally in line with expectations in terms of... More

Barclays Reiterates Underweight Rating on Tesla (TSLA)

July 25, 2019 7:31 AM EDT

Barclays analyst Brian Johnson reiterated an Underweight rating and $150.00 price target on Tesla (NASDAQ: TSLA). Although the push to move cars led to record deliveries, neither revenues nor EPS were anywhere near a record.

Some bullish investors might have anticipated a modest... More