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Tesla Motors (NASDAQ:TSLA) was upgraded by equities researchers at TheStreet from a “sell” rating to a “hold” rating in a research report issued on Friday, AnalystRatings.Net reports.

The analysts wrote, “Tesla Motors (TSLA) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company’s profit margins have been poor overall.”

Tesla Motors (NASDAQ:TSLA) traded up 0.70% during mid-day trading on Friday, hitting $211.43. The stock had a trading volume of 3,096,548 shares. Tesla Motors has a 1-year low of $33.80 and a 1-year high of $215.21. The stock’s 50-day moving average is $174.5 and its 200-day moving average is $161.2. The company’s market cap is $25.920 billion. Tesla Motors also was the recipient of some unusual options trading activity on Wednesday. Stock investors purchased 127,028 call options on the stock. This represents an increase of 134% compared to the average volume of 54,311 call options.

Tesla Motors (NASDAQ:TSLA) last announced its earnings results on Wednesday, February 19th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.18 by $0.15. The company had revenue of $615.00 million for the quarter, compared to the consensus estimate of $657.15 million. On average, analysts predict that Tesla Motors will post $1.77 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. raised their price target on shares of Tesla Motors from $115.00 to $137.00 in a research note on Thursday. Separately, analysts at Barclays raised their price target on shares of Tesla Motors from $120.00 to $180.00 in a research note on Thursday. They now have an “equal weight” rating on the stock. Finally, analysts at Northland Securities raised their price target on shares of Tesla Motors to $253.00 in a research note on Thursday. One research analyst has rated the stock with a sell rating, ten have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. Tesla Motors presently has an average rating of “Hold” and a consensus target price of $183.06.

Tesla Motors, Inc (NASDAQ:TSLA) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components.

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