BofA/Merrill Lynch Remains Negative on Tesla (TSLA)

BofA/Merrill Lynch maintains Underperform on Tesla Motors (NASDAQ: TSLA) price target of $155.00.

Analyst John Murphy is negative on the cash and burn with another capital raise on the horizon in 2018 coupled with a slow Model 3 ramp.

For an analyst ratings summary and ratings history on Tesla Motors click here. For more ratings news on Tesla Motors click here.

Shares of Tesla Motors closed at $321.08 yesterday.

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