Market Overview

Tesla Motors Hits All-Time High; Stifel Compares With 'Freight Train'

Share:
Related TSLA
Today's Pickup: Autonomous Vehicle Companies Insist On Safety
Elon Musk In Hot Water Over 'Pedo' Tweet
Munro Reverses Course, Suggests 30%-Plus Margins For Tesla's Long-Range Model 3 (Seeking Alpha)

Tesla Motors (NASDAQ: TSLA) briefly hit an all-time high Tuesday after an analyst hung a $400 price target on the stock and compared it with a freight train.

Shares of the electric automobile manufacturer are up more than 87 percent year to date. Stifel analyst James Albertine upgraded the shares to Buy and offered a price target equal to 50 times Stifel's 2017 earnings estimate.

Tesla traded recently at $282.92 a share, up 4.9 percent.

Latest Ratings for TSLA

DateFirmActionFromTo
Jun 2018Vertical GroupMaintainsSellSell
Jun 2018NomuraReiteratesBuyBuy
Jun 2018NeedhamInitiates Coverage OnHold

View More Analyst Ratings for TSLA
View the Latest Analyst Ratings

Posted-In: Analyst Color News Price Target Intraday Update Analyst Ratings

 

Related Articles (TSLA)

View Comments and Join the Discussion!