Tesla Motors Inc (TSLA) PT gets raised to $215 by Baird

Posted Feb 20, 2014

Equity researchers at Robert W. Baird have increased their target price of Tesla Motors Inc (NASDAQ:TSLA) shares from $187 to $215 in a research report that was released on Tuesday. Tesla Motors currently has an “outperform” rating on the stock. The Robert W. Baird price objective would suggest a potential upside of 11.03% from the current price of the company. 

TheStreet analysts have reiterated a “sell” rating on shares of Tesla Motors in a research note on Tuesday February 11th. Two other investment analysts have rated the stock with a sell rating. Ten analysts issued a holding acting and five of them have assigned a buy rating. One has issued a strong buy rating to the stock. The company has a consensus rating of “Hold” with a target price of $176.22.

Yesterday, Tesla Motors reported adjusted revenues of $761 million for Q4 2013. During an interview call with Bloomberg, CEO Elon Musk confirmed that the electric vehicle company had a discussion with Apple. But he did not disclose what the discussion was about. Musk did say that an acquisition of Tesla Motors was “very unlikely.”

[Source: wkrb13]