tiprankstipranks
In this article:
Blurbs

Tesla (TSLA) Received its Third Buy in a Row

In this article:
In this article:

After Deutsche Bank and Goldman Sachs gave Tesla (NASDAQ: TSLA) a Buy rating last month, the company received another Buy, this time from Mizuho Securities. Analyst Vijay Rakesh reiterated a Buy rating on Tesla today and set a price target of $1300.00. The company’s shares closed last Wednesday at $937.41.

According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 27.2% and a 67.4% success rate. Rakesh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Allegro MicroSystems, and NXP Semiconductors.

Currently, the analyst consensus on Tesla is a Moderate Buy with an average price target of $1076.62, representing a 13.0% upside. In a report issued on January 12, New Street also maintained a Buy rating on the stock with a $1580.00 price target.

See today’s best-performing stocks on TipRanks >>

The company has a one-year high of $1243.49 and a one-year low of $539.49. Currently, Tesla has an average volume of 27.59M.

Based on the recent corporate insider activity of 94 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TSLA in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Tesla, Inc. manufactures and sells fully electric vehicles, solar energy generation systems and energy storage products. It also operates a network of vehicle service centers and Supercharger stations. The company operates through two segments: Automotive and Energy Generation & Storage. Founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003, the company is headquartered in Palo Alto, CA.

Read More on TSLA:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed

In this article:

Latest News Feed