Goldman Sachs recorded Tesla Motors (NASDAQ:TSLA), bumping down its price target to $185.00 earlier today
- Updated: October 8, 2016
Goldman Sachs lowered the target price of Tesla Motors (NASDAQ:TSLA) to $185.00 indicating a possible downside of -0.11%.
On 10/03/2016, Vetr Inc. released a statement on Tesla Motors (NASDAQ:TSLA) increased the target price from $0.00 to $213.40. At the time, this indicated a possible upside of 0.05%.
Having a price of $208.46, Tesla Motors (NASDAQ:TSLA) traded -2.18% lower on the day. The last closing price is down -11.32% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. Tesla Motors has recorded a 50-day average of $207.24 and a two hundred day average of $221.71. Trade Volume was up over the average, with 3,493,018 shares of TSLA changing hands over the typical 3,192,140
Tesla Motors has a one year low of $141.05 and a one year high of $269.34 Tesla Motors’s total market value is presently $0.
A total of 12 equity analysts have released a ratings update on TSLA. 4 analysts rating the company a strong buy, 5 brokers rating the stock a buy, 5 brokerages rating the stock a hold, 6 firms rating the stock a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $244.67.
General Company Details For Tesla Motors (NASDAQ:TSLA)
Tesla Motors, Inc. designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products. Its energy storage products include the seven kilowatt-hour and 10 kilowatt-hour Powerwall for residential applications, and the 100 kilowatt-hour Powerpack for commercial and industrial applications. The Company delivers energy storage products under the Tesla Energy brand. It manufactures its products primarily at its facilities in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory near Reno, Nevada. The Company uses battery packs manufactured at the Gigafactory for its energy storage products.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.