Friday, May 10, 2013

TSLA.NAQDAQ : Tesla gets $95 price target as shorts are jolted by first profit

Here’s quick rundown:
Northland Capital sets $95 target based on 2016 estimate for Tesla to earn $5.01 a share, or 25 times earnings. The firm previously had a $50 target price.
Lazard puts $75 tag on the stock based on 2017 earnings of $7.20, or 16 times earnings; target up from $48.
Goldman downshifts to neutral. The stock has skyrocketed 110%  since it put a buy rating on the shares Jan. 17. Goldman sets new 6-month target of $61.

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