Northland Capital began coverage on shares of Tesla Motors (NASDAQ: TSLA) in a research note issued to investors on Friday. The firm issued an outperform rating and a $42.00 target price on the stock.
Tesla Motors traded up 1.66% on Friday, hitting $36.17. Tesla Motors has a 52-week low of $25.52 and a 52-week high of $40.00. The stock’s 50-day moving average is currently $36.66. The company’s market cap is $4.115 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet upgraded shares of Tesla Motors from a sell rating to a hold rating in a research note to investors on Friday, February 22nd. Separately, analysts at Deutsche Bank raised their price target on shares of Tesla Motors from $28.00 to $35.00 in a research note to investors on Thursday, February 21st. They now have a hold rating on the stock. Finally, analysts at Robert W. Baird reiterated an outperform rating on shares of Tesla Motors in a research note to investors on Thursday, February 21st. They now have a $45.00 price target on the stock.
Eight research analysts have rated the stock with a buy rating, one has given an overweight rating, four have given a hold rating, and two have given an underweight rating to the stock. The company has an average rating of overweight and an average price target of $40.88.
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