Tesla Production Estimated to SLOW and 4 Fresh Stock Analyses To Note
Tesla Motors, Inc. (NASDAQ:TSLA) is expected by Wunderlich to deliver Q3 guidance lower than consensus expectations with its Q2 results on July 25. The firm thinks that Tesla will probably produce fewer cars during Q3 than the Street estimated, and the company states that its test drive for the new Model S suggests that there are a few issues remaining in regards to the interior and the range. Wunderlich keeps its Sell rating and $28 price target on shares of Tesla.
Tractor Supply Company (NASDAQ:TSCO) is believed by Deutsche Bank to report Q2 comps in the range of 4.5 percent to 5.5 percent, higher than the expectations or 3.5 percent to 4 percent, which the firm views as a positive catalyst for shares. According to the firm, it likes shares of Tractor Supply into the Q2 results of the company, although there are drought conditions. The firm keeps a Buy rating on the stock.
Williams Partners L.P. (NYSE:WPZ): According to Citigroup, weakness in the company’s shares following the company’s missed guidance should be used as a buying opportunity. The firm states that the decreased guidance comes as no surprise, and the company’s plan to drop down the Geismar Plant is an incremental positive. The firm maintains its Buy rating and and $64 price target on the shares.
MAKO Surgical Corp. (NASDAQ:MAKO): Piper Jaffray states that Dr. Savarese’s resignation from the surgical board of MAKO was already widely expected since the close of Montreux Equity’s parnters closed out its MEP IV fund during April and liquidated its position in MAKO. Piper keeps its Overweight rating on the shares, claiming that it would be an aggressive buyer of the stock at current levels.
Texas Instruments Inc. (NYSE:TXN) estimates and price target were reduced by Citigroup after the company revealed its Q2 results, but the firm keeps a Buy rating on the stock. Citi views the gross margin of the company as disappointing and states that its revenue guidance is not very conservative.
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