Stifel Nicolaus Upgrades Tesla Motors To Buy, Shares Gain

Analysts at Stifel Nicolaus upgraded Tesla Motors

from Neutral to Buy. The target price for Tesla Motors is set to $400. Tesla shares have jumped 59.64% over the past 52 weeks, while the S&P 500 index has gained 22.17% in the same period. Tesla's shares surged 2.43% to $276.25 in pre-market trading.