JP Morgan Downgrades Tesla Motors To Underweight

Analysts at JP Morgan downgraded

from Neutral to Underweight. The price target for Tesla Motors has been lowered from $180.00 to $175.00. Tesla Motors shares have jumped 6.60% over the past 52 weeks, while the S&P 500 index has surged 13.04% in the same period. Tesla Motors' shares fell 7.66% to $196.50 in pre-market trading.