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
RECENT UPGRADES:
Analyst says Tesla has multiple catalysts keep driving shares
higher
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)
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.
Jun 08 10:33 EDT
Company
Symbols: NASDAQ-NMS: $TSLA
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 /tCompany 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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