Tesla Motors (TSLA) Target Lifted to $245 at Baird on Strong Q4
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 productionto 1,000 cars per week by year end," Kallo said. "With catalyst ahead, we think the stock will continue to move higher."
go to marketwatk 6 or 1 year charts
marketwatch charts. will start climbing up day of earnings.
won't let me post chart. Go to Market Watch 6 month chart for GRPN. Shows you right there.
won't let me post the chart. Go to Market Watch 6 Month GRPN chart. Goes down day before then up $2 to $3 after hours and next day.
Market News 2/19/14
Adam Feuerstein @adamfeuerstein 2h
GALE - Cantor Fitzgerald downgrades to sell, lowers PT to $3.50