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FBN Securities Maintains Bullish View on Tesla (TSLA) Following Q4 Deliveries Miss

January 4, 2017 10:12 AM EST

FBN Securities analyst Shebly Seyrafi maintained an Outperform rating and $260 price target on Tesla Motors (NASDAQ: TSLA) despite the production/deliveries miss. The analyst said the stock remains a play on F2018 and beyond as that is when the (high-volume) Model 3 is expected to ramp.

Seyrafi commented, "For FQ4,... More