- 24 Oct '19 at 12:38 am #22258Super HarleyParticipant
Electric vehicle and storage company Tesla reported a…
[article]1787[/article]24 Oct '19 at 3:33 pm #22265TrumanParticipant
The same report seemed to come out of Tesla last year all of a sudden a surprise profit and this was on lower revenue etc – smells fishy and an attempt to crush shorts – which it did.24 Oct '19 at 7:22 pm #22269
Analysts getting all bulled up….
“While we remain concerned on 2020 momentum / profitability, we acknowledge this was an outstanding quarter relative to lowered expectations despite mixed headwinds which we expect could increase as Model Y launches.” analysts at Evercore ISI said.24 Oct '19 at 7:25 pm #22270
Bernstein.analyst Toni Sacconaghi
“The +20% move in the aftermarket likely says it all, but Q3 was a good quarter for Tesla,”
“We worry that Tesla’s 2H 19 is currently shaping up to look a lot like the company’s ebullient 2H 18, when the stock last peaked at $370. The fear, however, is that Tesla’s subsequent 1H 20 may look like the disastrous 1H 19, when the stock troughed at $190,” he said.24 Oct '19 at 7:39 pm #22271
“We expect a positive reaction in Tesla shares owing to the magnitude of 3Q beat, but are unsure that this is really the breakout quarter that is likely to be claimed by bulls”25 Oct '19 at 8:13 pm #22298ThePitBossParticipant
Barclays maintained Tesla its Underweight rating, but the firm did raise its target price to $200 from $150.
Tesla Inc. (NASDAQ: TSLA) closed up 17.6% at $299.68 on Thursday01 Nov '19 at 1:46 am #22367ThePitBossParticipant
Tesla Inc. $TSLA maintained as Equal Weight but target price raised to $250 from $230 at Morgan Stanley.
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