It might be helpful to have all analysts notes in one thread, for easier review.
Tesla Motors has received Neutral ratings in a recent Analyst update
13 analysts have provided their ratings, giving the average of 2.23. Research firm Zacks gives it ratings of 3.
1 analyst rated it strong sell
1 analyst rated it sell
3 analysts rated it hold
3 analysts rated it buy
5 analysts rated it strong buy
13 analysts have set the short term price target of 255.69. The standard deviation is estimated at 89.74 (high volatility).
Adam Jonas from Morgan Stanley has issued an update on Tesla. His new price target is 280. His ratings is overweight.
Tesla Motors has received Neutral ratings in a recent Analyst update
13 analysts have provided their ratings, giving the average of 2.23. Research firm Zacks gives it ratings of 3.
1 analyst rated it strong sell
1 analyst rated it sell
3 analysts rated it hold
3 analysts rated it buy
5 analysts rated it strong buy
13 analysts have set the short term price target of 255.69. The standard deviation is estimated at 89.74 (high volatility).
Adam Jonas from Morgan Stanley has issued an update on Tesla. His new price target is 280. His ratings is overweight.
"If the Model X launches in August and does the things we think it can do, we believe this stock can set new highs by year end.
"As a proportion of revenues, Tesla will spend 10x as much as Ford on capex in 2015," he wrote, before adding, "Given the opportunity Tesla has to burrow into an auto industry ripe for change, we are comfortable with the firm's spending ambitions."
Jonas reiterated the "choice" auto investors have: "Invest in cash-rich traditional auto companies at low valuations doing BMW-style margins...or invest in the company we believe has the best opportunity to change the industry fundamentally despite burning cash and having no near term valuation support."