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Tesla Motors Inc (NDAQ:TSLA) target price raised to $190.00, reported today by Goldman Sachs

Tesla Motors Inc (NDAQ:TSLA) had its price target upped to $190.00 by Goldman Sachs in an issued report issued 5/5/2017. The upped target suggests a potential downside of -0.38% based on the company's last closing price.

Previously on 5/02/2017, Cowen reported about Tesla Motors Inc (NDAQ:TSLA) increased the target price from $0.00 to $155.00. At the time, this indicated a possible downside of -0.48%.

Yesterday Tesla Motors Inc (NDAQ:TSLA) traded 4.36% higher at $308.35. TSLA’s 50-day average is $293.58 and its two hundred day average is $241.13. With the last close up 27.88% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the same period. Volume of trade was up over the average, with 8,177,347 shares of TSLA changing hands over the typical 6,007,340

Performance Chart

With a market cap of $0, Tesla Motors Inc has 52 week low of $178.19 and a 52 week high of $327.66 .

A total of 12 equity analysts have released a ratings update on TSLA. Four equity analysts rating the company a strong buy, five equity analysts rating the company a buy, 5 brokers rating the stock a hold, 6 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $244.67.

General Information About Tesla Motors Inc (NDAQ:TSLA)

Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage. The Automotive segment includes the design, development, manufacturing, and sales of electric vehicles. The Energy generation and storage segment includes the design, manufacture, installation, and sale or lease of stationary energy storage products and solar energy systems to residential and commercial customers, or sale of electricity generated by its solar energy systems to customers. The Company produces and distributes two fully electric vehicles, the Model S sedan and the Model X sport utility vehicle (SUV). It also offers Model 3, a sedan designed for the mass market. It develops energy storage products for use in homes, commercial facilities and utility sites.

The post Tesla Motors Inc (NDAQ:TSLA) target price raised to $190.00, reported today by Goldman Sachs appeared first on Octafinance.



This post first appeared on Octafinance – Financial News, Reports And Intell, please read the originial post: here

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Tesla Motors Inc (NDAQ:TSLA) target price raised to $190.00, reported today by Goldman Sachs

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