Analysts: Tesla Can Meet or Beat Expectations and 3 Other Research Notes to Check Out
Tesla Motors (NASDAQ:TSLA): Wedbush has raised Tesla’s price target to $180 from $150 following a manufacturing facility tour of Tesla’s plant in Fremont, California. The firm said it has increased confidence that Tesla can meet or exceed both near and intermediate expectations. The analyst is impressed with all aspects of production and believes Tesla has additional capability to increase production above 500 vehicles per week exiting the third quarter. Wedbush views Tesla’s valuation as appropriate and maintains its Neutral rating on Tesla’s stock.