Analysts at Ascendiant Capital initiated coverage on Tesla Motors TSLA with a Buy rating.
The target price for Tesla Motors is set to $320.
Tesla Motors shares have gained 49.54% over the past 52 weeks, while the S&P 500 index has surged 12.42% in the same period.
Tesla Motors' shares fell 1.30% to $235.00 in pre-market trading.
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