Monday, June 8, 2015

Tesla Motors - Solid Price Action Today - Relative Strength - Technical Breakout

PRICE ACTION: GETTING LONGER HERE BELOW $255  AT 2 PM EST. 
 TECHNICAL BREAKOUT - TRADING OVER $253 EARLIER TODAY - CURRENTLY TRADING AT NOVEMBER 2014 HIGHS - 50 DAY CROSSING THE 200 DAY DAILY MA HERE

Events & Presentations

Upcoming Events
DateDetailsRemind Me
Jun 9, 2015
2:00 PM PT
2015 Tesla Annual Shareholder Meeting


RECENT UPGRADES: 


Analyst says Tesla has multiple catalysts keep driving shares higher 
Jun 08 10:33 EDT 
Company Symbols: NASDAQ-NMS: $TSLA

The shares of Tesla (TSLA) are rising after research firm Robert W. Baird raised its price target on the name, saying that the company has multiple upcoming positive catalysts. The firm recommends buying the stock. WHAT'S NEW: There's a great deal of skepticism about Tesla's ability to launch its Model X vehicle next quarter, but it's a good bet that the company will come through, Baird analyst Ben Kallo stated. Meanwhile, many doubt Tesla's ability to generate revenue and profit from its energy storage offerings and there is a significant amount of misinformation about its products in this area, Kallo wrote. However, these naysayers will ultimately be proven wrong, according to the analyst. Additionally, Tesla's overall demand outlook remains strong and its cash burn is manageable, according to Kallo, who raised his price target on the stock to $335 from $275 and kept a Buy rating on the name.



Tesla Motors target raised to $355 at Dougherty & Company (Stock Price: 246.59 Change: +0.67)


Briefing - Jun 05 11:58 EDT
Alert hits: /t /t
Company Symbols: NASDAQ-NMS:TSLA

Dougherty & Company raises their TSLA tgt to $355 from $325 noting CEO Elon Musk asserted that it is possible to power the entire world's energy needs by harnessing solar energy and storing it. Co would provide the "storage," which has been the missing piece of the solar puzzle. But how to value the opportunity? After speaking with a dozen experts and companies in this space, as well as conducting a nationwide survey of 30 solar panel installers, firm believes that co's entry into the grid storage market disrupts it. Co's primary advantage is in offering a turn-key solution, at scale and at favorable costs.


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