Tesla Inc (NASDAQ: TSLA) traded up 0.45 percent in after hours activity Wednesday after Bernstein initated coverage of the automaker with a Market Perform rating and a $250 price target.
The sentiment closely reflects that of other analysts so far in 2017. According to TipRanks, sell-side analysts have offered mixed outlook on Tesla with six Buys, six Sells and five Holds.
Aside from Bernstein, the only other analyst firms to begin coverage or change their rating in the last three months are CFRA and Goldman Sachs, both which downgraded the stock to a Sell.
The most bullish firm, Dougherty, has maintained its $375 price target. The most bearish call on the Street belongs to Cowen & Co., who foresees a plunge to $155 in the coming year.
Tesla shares closed at $246.87 Wednesday, down 0.69 percent.
Related Link: Tesla The Top Pick For 2017: Baird
Related Link: Tesla Continues March Toward New All-Time Highs
See more from Benzinga
- Did The CIA Clear The Way For High-Profile Cyber Attacks?
- Starbucks Shares Under Pressure Amid Concerning xAd Market Share Data
- Little Girl Takes On Wall Street Bull Thanks To State Street Global Advisors
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.