Tesla shares surge 13% as strong deliveries drive profit optimism
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Barclays Says Tesla (TSLA) Fundamentally Overvalued But Sees 'Nothing Preventing The Shares Moving Higher in Coming Weeks'
July 7, 2020 5:23 AM EDTBarclays analyst Brian Johnson reiterated an Underweight rating and $300.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "As we predicted, Tesla beat a low bar for deliveries (90.6k actual, vs. 70k consensus, we were at 85k), leading to a massive two-day run in the shares that added $38bn of market cap (that is, equal to~1.6Fords). We were above consensus on earnings... More
Tesla (TSLA) Hits Session High Heading Into Close, Now up 12%
July 6, 2020 3:41 PM EDTTesla (NASDAQ: TSLA) Hits Session High Heading Into Close, Now up 12%
... More
