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Robert W. Baird covered Tesla Motors Inc (NDAQ:TSLA), raising its target price to $368.00 today

Tesla Motors Inc (NDAQ:TSLA) had its target price raised to $368.00 by Robert W. Baird in a report issued Thursday May 25, 2017. The updated stock price target implies a possible upside of 0.17% based on the company's previous stock price.

Just yesterday Tesla Motors Inc (NDAQ:TSLA) traded -2.07% lower at $315.08. Tesla Motors Inc’s 50-day moving average is $353.79 and its 200-day moving average is $340.94. The last stock price is down -6.32% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 2,867,314 shares of the stock traded hands, down from an average trading volume of 5,785,630

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Tesla Motors Inc (NDAQ:TSLA)

Tesla Motors Inc has a 52 week low of $178.19 and a 52 week high of $389.61 The company’s market cap is currently $0.

A total of 12 equity analysts have released a research note on TSLA. Four firms rating the stock a strong buy, 5 firms rating the stock a buy, 5 firms rating the stock a hold, 6 brokers rating the stock a underperform, and finally 0 brokers rating the company a sell with a 12-month price target of $244.67.

More 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.

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