Tesla (TSLA) Surges Higher; Hedge Fund Says Stock Worth $200/Sh
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Tesla (TSLA) Price Target Raised at Morgan Stanley: Pound for Pound the Strongest Auto Brand?
May 14, 2013 10:14 AM EDTAfter putting its Tesla Motors (NASDAQ: TSLA) rating, estimates and price target on review Monday, Morgan Stanley analyst Adam Jonas followed-up today and raised his price target from $47 to $103 while reiterating an Overweight rating.
Jonas said what Tesla has accomplished in the fierce automotive market isn't luck, "it's real," leaving other automakers in awe. "Detroit, Munich, Wolfsburg and Toyota City must feel a sense of astonishment with a hint of anxiety," he said.
The analyst listed 4 things you must know about Tesla:
1.... More
Molycorp (MCP) and Tesla (TSLA) Rip, Shorts Limp into Weekend
May 10, 2013 11:43 AM EDTEarly trading action on Friday was highlighted by major rallies in two heavily shorted stocks, Molycorp (NYSE: MCP) and Tesla Motors (Nasdaq: TSLA). Besides being two of the favorite whipping boys for short traders, the rare earth miner and the car manufacturer have... More
