Tesla Motors Inc (NASDAQ:TSLA) target raised to $216.13, issued a research note today by Vetr Inc.
- Updated: September 27, 2016
Vetr Inc. bumped up the stock price target of Tesla Motors Inc (NASDAQ:TSLA) to $216.13 reporting a possible upside of 0.05%.
On Monday September 26, 2016, Vetr Inc. released a statement for Tesla Motors Inc (NASDAQ:TSLA) increased the target price from $0.00 to $216.16. At the time, this suggested an upside of 0.03%.
Displaying a price of $205.88, Tesla Motors Inc (NASDAQ:TSLA) traded 0.74% higher on the day. With the last stock price close down -6.22% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. TSLA has recorded a 50-day moving average of $212.37 and a 200-day moving average of $222.84. 2,394,358 shares of Tesla Motors Inc traded, down from an avg. volume of 3,444,740
See Chart Below
Tesla Motors Inc has 52 week low of $141.05 and a 52 week high of $269.34 and has a market cap of $0.
A total of 12 analysts have issued a report on the company. Four firms rating the stock a strong buy, five analysts rating the company a buy, 5 brokerages rating the stock a hold, 6 brokers rating the stock a underperform, and finally zero equity analysts rating the company a sell with a 12-month price target of $244.67.
More About Tesla Motors Inc (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.