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Analyst Sentiment On Tesla So Far In 2017

Elizabeth Balboa

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

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