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U.S. home solar installer Sunrun to buy Vivint Solar for about $1.46 billion

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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 EDT

Barclays 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