Tesla Motors Receives Sell Rating from TheStreet (TSLA)
Tesla Motors (NASDAQ:TSLA)‘s stock had its “sell” rating reiterated by equities research analysts at TheStreet in a research note issued to investors on Tuesday, 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.”
A number of other firms have also recently commented on TSLA. Analysts at Wedbush reiterated a “buy” rating on shares of Tesla Motors in a research note on Friday, January 17th. Separately, analysts at Bank of America set a $65.00 price target on shares of Tesla Motors in a research note 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 on Tuesday, January 14th. Two analysts have rated the stock with a sell rating, eight have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $156.25.
Tesla Motors (NASDAQ:TSLA) opened at 198.989 on Tuesday. Tesla Motors has a 52 week low of $33.80 and a 52 week high of $199.30. The stock has a 50-day moving average of $164.8 and a 200-day moving average of $158.0. The company’s market cap is $24.395 billion.
Tesla Motors, Inc (NASDAQ:TSLA) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components.
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