#edyu - Twitter Hashtag

almost 2 years ago

Deutsche Bank Analyst Sees Potential 30% Share Growth for Tesla Deutsche Bank analyst #EdYu gave #Tesla shares a "buy" rating this week with a $295 price target, implying more than 30% upside, Investor's Business Daily reports. The analyst believes that the company's sales problems and margin decline are temporary "in the short term." Meanwhile, Tesla shares strengthened by 4.58% to $226.17 by the end of Tuesday's trading. Over the past three months, the #electriccar maker's shares have grown by 32.5%, but since the beginning of the year, they have been in the red by 9%. According to MarketWatch, 58 analysts cover Tesla: 24 have a #buy rating, 22 have a #hold rating, and 12 have a #sell rating. The Wall Street consensus price target is $217.57, down nearly 4%. According to FactSet, analysts expect Tesla's third-quarter deliveries to rise 5% from a year earlier to 458,000 vehicles.

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