Market Overview

Deutsche Bank Reiterates on Tesla Motors on Favorable Entry Point

Related TSLA
The Boeing Company, SpaceX In NASA Pact To Transport US Astronauts
Tesla Motors Inc Stock Coming Back To Earth, But For How Long?
Nevada Rolls Snake Eyes on Tesla (Fox Business)

In a report published Wednesday, Deutsche Bank analyst Dan Galves reiterated a Buy rating and $200.00 price target on Tesla Motors (NASDAQ: TSLA).

In the report, Deutsche Bank noted, “We are reiterating our Buy recommendation on Tesla as we see a series of positive catalysts over the next several months that could lead to renewed confidence in the company's earnings trajectory. These include: 1) A favorable resolution of the NHTSA investigation; 2) Initial news on (what we believe will be very strong) China order flows; 3) Increased visibility on an accelerating order/production ramp, and; 4) Further gross margin improvement and operating expense leverage (which may be significantly better than consensus).”

Tesla Motors closed on Tuesday at $120.50.

Latest Ratings for TSLA

DateFirmActionFromTo
Sep 2014ISI GroupInitiates Coverage onBuy
Sep 2014FBN SecuritiesInitiates Coverage onOutperform
Sep 2014Stifel NicolausUpgradesNeutralBuy

View More Analyst Ratings for TSLA
View the Latest Analyst Ratings

Posted-In: Dan Galves Deutsche BankAnalyst Color Analyst Ratings

 

Related Articles (TSLA)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters