Information Provided By:
Fly News Breaks for March 20, 2017
TSLA
Mar 20, 2017 | 06:48 EDT
Deutsche Bank analyst Rod Lache raised his price target for Tesla shares to $240 following the company's capital raise. The electric carmaker will likely end 2017 with $1.8B in cash, a "significantly more comfortable liquidity cushion," Lache tells investors in a research note. The analyst assumes Tesla will produce 22,000 Model 3 units in 2017 and 250,000 Model 3 units in 2018. He expects the company to turn cash flow positive in 2018. Lache keeps a Hold rating on Tesla shares.
News For TSLA From the Last 2 Days
TSLA
Oct 17, 2017 | 06:20 EDT
After meeting with an electric vehicle trade group in Beijing, Piper Jaffray analyst Alexander Potter says Tesla "has little to fear" from Chinese brands, at least based on the current competitive landscape. Further, China's 2019/2020 electrical vehicle volume quotas will probably be unattainable, which will likely force underperforming manufacturers to buy credits from high-volume sellers like Tesla, assuming it builds a local factory, Potter tells investors in a research note. The analyst thinks nobody in China can compete with Tesla based on branding and performance. He keeps an Overweight rating on the shares with a $386 price target. Tesla closed yesterday down $4.97 to $350.60.
Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.