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TSLA

Tesla

$327.78

4.37 (1.35%)

15:34
07/17/17
07/17
15:34
07/17/17
15:34

Tesla stock low if you believe in company's future, Elon Musk says

In a recent tweet, clarifying earlier comments, Tesla CEO Elon Musk tweeted: "I should clarify: Tesla stock is obviously high based on past & present, but low if you believe in Tesla's future. Place bets accordingly ..." Earlier in the day, according to CNBC, Musk said, "I've gone on the record several times that the stock price is higher than we have the right to deserve and that's for sure true based on where we are today," Musk told Nevada Gov. Brian Sandoval at the National Governors Association summer meeting on Saturday. According to media reports, Musk added when speaking at the meeting that Tesla's current stock price reflects a "lot of optimism" adding that he has tried to bring expectations in line. Musk noted that it has been "quite tough" to temper expectations in a euphoric environment. Shares of Tesla dropped to an intraday low of $313.45 per share after his comments from the governor's meeting but have regained some ground and are currently down 2.6% to $319.50 per share in afternoon trading.

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    Oct

TSLA Tesla
$327.78

4.37 (1.35%)

07/11/17
MSCO
07/11/17
NO CHANGE
Target $305
MSCO
Equal Weight
Morgan Stanley sees Tesla as 'expensive call option' on next-gen transportation
Following the recent pullback in Tesla (TSLA) shares, Morgan Stanley analyst Adam Jonas revisited his thoughts on the stock and concluded that, at current valuation, Tesla remains "a rather expensive call option" on the addressable markets of next-generation transportation and energy. With protectionism an increasing worry as Tesla threatens to "flood" international markets with its electric vehicles, Jonas sticks by his view that "very large and well capitalized" tech competitors, such as Apple (AAPL) and Alphabet (GOOGL) will be making "increasingly conspicuous" efforts to encroach on Tesla's territory. He maintains an Equal Weight rating and $305 price target on Tesla shares.
07/05/17
BARD
07/05/17
NO CHANGE
Target $368
BARD
Outperform
Tesla Q2 deliveries 'good enough,' says Baird
Baird analyst Ben Kallo says Tesla's s Q2 deliveries were "good enough" and in line with the lower end of the company's guidance. He believes investors will look forward to the Model 3 introduction on July 28. The analyst keeps an Outperform rating on the shares with a $368 price target.
07/05/17
COWN
07/05/17
NO CHANGE
Target $155
COWN
Underperform
Tesla shares remain overvalued, says Cowen
Cowen analyst Jeffrey Osborne notes that Tesla's Q2 deliveries came in 2,500 units below his expectations due to a production issue on 100 kWh batteries. Regarding Tesla CEO Elon Musk's tweets on Model 3 production, Osborne wrote, "While it is nice to see Tesla finally hit a stated target on time, we question whether 30 vehicle deliveries essentially built by hand count as 'mass production' and we also are surprised that this 'mass market' vehicle does not have official photos, options, pricing or really any details available (we expect this on Friday)." The analyst continues to view Model 3 ramp expectations as aggressive. He models for 4,500 Model 3 deliveries in 2017 and 62,500 in 2018. Osborne believes Tesla shares are overvalued and keeps an Underperform rating on the name with a $155 price target.
07/05/17
KEYB
07/05/17
NO CHANGE
KEYB
Tesla shares could still rise in near-term, says KeyBanc
KeyBanc analyst Brad Erickson says that Tesla's delivery report confirms his thesis that " demand run-rates for Tesla's high-end products is plateauing, if not peaking." However, the analyst believes that the stock could rise in the near-term because the Model 3 remains on schedule. But the analyst says that "as we get closer to 2018...the stock will reflect more rational investors views," based on his forecast that "half the profit pool is no longer growing and Model 3 profitability appears unlikely to meet expectations," Erickson keeps a Sector Weight rating on the stock.

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ACRS

Aclaris Therapeutics

$29.18

-0.46 (-1.55%)

04:55
07/28/17
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04:55
Conference/Events
Aclaris Therapeutics management to meet with Jefferies »

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Breaking General news story  »

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Consumer Sentiment Index to be reported at 10:00 »

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JAGX

Jaguar Animal Health

$0.66

-0.0175 (-2.58%)

04:55
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Conference/Events
Jaguar Animal Health to hold a conference call »

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04:55
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General news
GDP price index to be reported at 08:30 »

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CALM

Cal-Maine Foods

$38.05

0.55 (1.47%)

04:55
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Conference/Events
Cal-Maine Foods participates in a conference call with Stephens »

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04:55
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General news
Real GDP to be reported at 08:30 »

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BAESY

BAE Systems

$32.23

0.145 (0.45%)

, IBM

IBM

$145.07

-0.29 (-0.20%)

04:55
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Conference/Events
RSA Security to hold a conference »

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BAE Systems

$32.23

0.145 (0.45%)

IBM

IBM

$145.07

-0.29 (-0.20%)

CTL

CenturyLink

$23.60

0.74 (3.24%)

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04:55
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04:55
General news
Breaking General news story  »

Minneapolis Federal…

04:55
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General news
Employment Cost Index ECI to be reported at 08:30 »

Employment Cost Index ECI…

03:35
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03:35
General news
FX Action: USD-CAD steady after posting its biggest one-day gain »

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General news
FX Update: The Swiss franc tumbled for a four straight session »

FX Update: The Swiss…

TOO

Teekay Offshore Partners

$2.55

-0.03 (-1.16%)

20:27
07/27/17
07/27
20:27
07/27/17
20:27
Downgrade
Teekay Offshore Partners rating change at Raymond James »

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QEP

QEP Resources

$7.93

-1.34 (-14.46%)

20:26
07/27/17
07/27
20:26
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20:26
Downgrade
QEP Resources rating change at JPMorgan »

QEP Resources downgraded…

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RDFN

Redfin

20:26
07/27/17
07/27
20:26
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20:26
Syndicate
Redfin 9.231M share IPO priced at $15.00 »

The deal range is…

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XOM

Exxon Mobil

$80.83

0.46 (0.57%)

, CVX

Chevron

$106.11

0.99 (0.94%)

20:25
07/27/17
07/27
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

XOM

Exxon Mobil

$80.83

0.46 (0.57%)

CVX

Chevron

$106.11

0.99 (0.94%)

MRK

Merck

$63.69

1.89 (3.06%)

ABBV

AbbVie

$71.73

-0.86 (-1.18%)

AAL

American Airlines

$50.00

-1.01 (-1.98%)

COL

Rockwell Collins

$109.02

-0.53 (-0.48%)

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TTPH

Tetraphase

$6.96

-0.92 (-11.68%)

20:22
07/27/17
07/27
20:22
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20:22
Syndicate
Tetraphase 10M share Secondary priced at $6.50 »

Piper Jaffray, BMO…

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  • 28

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BVN

Buenaventura

$12.45

0.1 (0.81%)

19:26
07/27/17
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Earnings
Buenaventura reports Q2 EPS (2c), may not compare to consensus 26c »

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BAS

Basic Energy

$28.67

0.06 (0.21%)

19:02
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Hot Stocks
Breaking Hot Stocks news story on Basic Energy »

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BAS

Basic Energy

$28.67

0.06 (0.21%)

19:01
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Earnings
Basic Energy reports Q2 adjusted EPS (57c), consensus (55c) »

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GE

General Electric

$25.79

0.2 (0.78%)

18:55
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Periodicals
Breaking Periodicals news story on General Electric »

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  • 02

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AIV

Aimco

$44.01

0.13 (0.30%)

18:53
07/27/17
07/27
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Earnings
Aimco reports Q2 AFFO 51c vs 50c last year »

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  • 28

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NOV

National Oilwell

$33.71

0.37 (1.11%)

18:43
07/27/17
07/27
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18:43
Earnings
National Oilwell reports Q2 adjusted EPS (14c), consensus (15c) »

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  • 28

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AIG

AIG

$65.17

-0.02 (-0.03%)

, IEP

Icahn Enterprises

$53.12

-0.78 (-1.45%)

18:39
07/27/17
07/27
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18:39
Periodicals
Senators worried over whether Icahn is pushing regulators on AIG, Reuters says »

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AIG

AIG

$65.17

-0.02 (-0.03%)

IEP

Icahn Enterprises

$53.12

-0.78 (-1.45%)

PRU

Prudential

$112.74

0.55 (0.49%)

03/08/13
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HTBK

Heritage Commerce

$13.85

-0.14 (-1.00%)

18:24
07/27/17
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Earnings
Heritage Commerce reports Q2 EPS 19c, consensus 19c »

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