Market Overview

Tesla Joins The $300 Club at Credit Suisse

Share:
Related TSLA
Tesla Secures Lithium Suppliers For GigaFactory, Trip Chowdhry Shares Insight
Tesla's Model S P85D Scores 103 Out Of 100 By Consumer Reports
Stock Trading, Tesla Too Hot For Websites To Handle? (Investor's Business Daily)

Credit Suisse followed Deutsche Bank and others, initiating coverage on shares of Tesla (NASDAQ: TSLA) with an Outperform rating on the stock and a price target of $324.93, or 22 percent upside.

On Monday, Deutsche Bank upgraded shares of Tesla Motors from a Hold to a Buy, and raised the price target to $310.00, from the previous target of $220.00. On August 5, Pacific Crest had started coverage of Tesla with an Outperform rating and a $316.00 price target.

JPMorgan doesn't seem to be as enthusiasm showed on August 1, when the firm raised the price target to $170.00, with a Neutral rating on the stock. At $170.00, this represent a nearly 40 percent discount to current levels.

Tesla shares are trading firmer after-hours, up 80 bps at 262.45.

Posted-In: Analyst Color

 

Related Articles (TSLA)

View Comments and Join the Discussion!

Get Benzinga's Newsletters