Baird analyst Ben Kallo reiterated an Outperform rating and raised his price target on Tesla Motors (NASDAQ: TSLA) from $215 to $245 following Q4 results that beat on the top and bottom lines.
"Importantly, TSLA issued 2014 delivery guidance of 35k Model S' which bested our expectation of 29k cars. TSLA also met its margin target and expects to expand margin throughout 2014 while increasing production to 1,000 cars per week by year end," Kallo said. "With catalyst ahead, we think the stock will continue to move higher."
The new price target is based on 34x our 2016E non-GAAP EPS of $7.21 which includes sales of ~48,000 Model S and ~38,000 Model X vehicles (increased from 40,000 and 36,000, respectively).
The firm raised FY 2014 EPS from $1.18 to $1.45 and FY 2015 EPS from $3.32 to $3.91.
Since then HLKF has done over $120 billion in revenue. Nice try, try again loser.
Does $6 Billion in revenue, & you #$%$ call it a "pyramid scheme? Really? What a bunch of morons. Just like Bill Ackerman who has lost 1/2 Billion on his stupide bet, you too will be taken to the cleaners. You want to know what is a "pyramid scheme? Social security, now that is a true "pyramid scheme. Tell that to Communist Edward Markey, what a loser. See you morons at $90 plus in the next 3 months..
Cites Buyback Plan, Business Model in China. Alder adjusted her 2014 EPS estimate from $5.65 to $6.27 in the note. The analyst consensus estimate currently sits at $5.76.
More like $8 at best. I know I won't cover my short position in tell it's trading under $8
8 analyst say sell, 1 fool says buy. Hmmmm wonder who right?
This makes 8 analyst that have a strong sell rating. Going to $10 or less by the end of the month.
Deutsche Bank, Credit Suisse, Barclays, Jp Morgan, BofA/Merrill Lynch, Raymond James, Morgan Stanley ,
all have sell rating on BWP. BWP at best is a $8 stock