TSLA of Tesla Inc., + 1.04% The stock’s valuation is “overheated,” analysts at BofA Securities said in a note on Wednesday, highlighting several reasons to “remain cautious despite the hype and momentum.” Analysts raised their price target on the stock to $ 800, from $ 500, but kept its equivalent …
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Text size Tesla shares have risen nearly 290% so far this year and 526% in the past year. Spencer Platt / Getty Images Electric vehicle maker Tesla reports earnings after the close of operations on Wednesday. The report, and the subsequent reaction to the stock price, should be wild. This …
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JMP Securities analyst Joseph Osha downgraded Tesla Inc.’s TSLA rating, + 9.47% for the market to outperform the market on Tuesday, the day before the company reports second-quarter earnings. “The company’s valuation now slightly exceeds the $ 1,500 price target we recently set, and we believe that any medium-term success …
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Dan Ives at Wedbush expects Tesla Inc. TSLA, -0.15% to report a profit when it reports second quarter earnings on Wednesday, which ultimately results in the company joining the S&P 500 SPX index, + 0.32%. The inclusion of the S&P 500 “is already considered a fait accompli among the bulls,” …
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If Tesla is added to the S&P 500 stock index this year, it will be a great victory for the electric vehicle maker and its shareholders. This is because money managers who manage funds that track the index or compare its performance against it will have to buy Tesla shares. …
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