Tesla Motors Rating Reiterated by TheStreet (TSLA)
Tesla Motors (NASDAQ:TSLA)‘s stock had its “sell” rating restated by stock analysts at TheStreet in a report issued on Monday, Stock Ratings Network.com reports.
The analysts wrote, “Tesla Motors (TSLA) has been reiterated by TheStreet Ratings as a sell with a ratings score of D. The company’s weaknesses can be seen in multiple areas, such as its generally high debt management risk and poor profit margins.”
Tesla Motors (NASDAQ:TSLA) opened at 184.37 on Monday. Tesla Motors has a 52-week low of $33.80 and a 52-week high of $194.50. The stock’s 50-day moving average is $158.4 and its 200-day moving average is $154.8. The company’s market cap is $22.602 billion.
Several other analysts have also recently commented on the stock. Analysts at Wedbush reiterated a “buy” rating on shares of Tesla Motors in a research note to investors on Friday, January 17th. Separately, analysts at Bank of America Corp. set a $65.00 price target on shares of Tesla Motors in a research note to investors on Wednesday, January 15th. Finally, analysts at Robert W. Baird upgraded shares of Tesla Motors from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, January 14th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $156.25.
Tesla Motors, Inc (NASDAQ:TSLA) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components.
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