Tesla (TSLA) Tops Q2 EPS, Sales Beat

Tesla Motors (TSLA) Bullish View Reiterated at Baird; Remains Top Pick

Baird analyst Ben Kallo reiterated an Outperform rating and $368 price target on Tesla Motors (NASDAQ: TSLA) following strong results and continues to highlight the stock as a top pick for 2017.

Kallo commented, "Q2 results were better than we feared when we previewed the quarter.... More

UPDATE: Tesla Motors (TSLA) PT Raised to $386 at Piper Jaffray

(Updated - August 3, 2017 6:13 AM EDT)

(updated to correct new price target)

Piper Jaffray raised its price target on Tesla Motors (NASDAQ: TSLA) to $386.00 (from $368.00) while maintaining a Overweight rating.

FY 2017 EPS estimate rises from ($7.02) to ($6.19) and FY 2018 EPS estimate rises from ($0.09) to $0.68.

Tesla Motors (TSLA) PT Raised to $200 at JPMorgan

JPMorgan raised its price target on Tesla Motors (NASDAQ: TSLA) to $200.00 (from $190.00) while maintaining a Underweight rating.

Analyst Ryan Brinkman remains cautious noting concern with the Model 3 ramp as well the high capital spending levels and large free cash burn.

FY 2017 EPS estimate... More

Tesla Motors (TSLA) PT Raised to $200 at Goldman Sachs

Goldman Sachs raised its price target on Tesla Motors (NASDAQ: TSLA) to $200.00 (from $180.00) while maintaining a Sell rating.

Analyst David Tamberrino expects a capital raise in Q1 2018 and sees downside risk to Model 3 launch curve. He also expects further cash burn.

FY 2017 EPS... More

Tesla Motors (TSLA) PT Lowered to $155 at BofA/Merrill Lynch, Slashes EPS Estimates

BofA/Merrill Lynch lowered its price target on Tesla Motors (NASDAQ: TSLA) to $155.00 (from $165.00) while maintaining a Underperform rating.

Analyst John Murphy remains negative on the company and says Model 3 ramp will likely be slow. he believes the current cash balance of $3 billion "is... More