This is what analysts have to say about Tesla, Inc. (NASDAQ:TSLA) after last week.

August 10, 2018 - By Victoria Pittman

Tesla, Inc. (NASDAQ:TSLA) LogoInvestors sentiment decreased to 0.92 in 2018 Q1. Its down 0.13, from 1.05 in 2017Q4. It worsened, as 110 investors sold Tesla, Inc. shares while 162 reduced holdings. 71 funds opened positions while 178 raised stakes. 100.60 million shares or 4.72% more from 96.06 million shares in 2017Q4 were reported.
Connecticut-based Dock Street Asset Mngmt Inc has invested 0.25% in Tesla, Inc. (NASDAQ:TSLA). Moreover, Peddock Cap Advsrs Ltd Company has 0.01% invested in Tesla, Inc. (NASDAQ:TSLA) for 82 shares. Synovus Corporation stated it has 611 shares. Bridgewater Associates Lp has 0% invested in Tesla, Inc. (NASDAQ:TSLA) for 1,507 shares. American Intl Gp accumulated 0.01% or 9,577 shares. Cornerstone Advisors invested 0.07% in Tesla, Inc. (NASDAQ:TSLA). Telemus Limited Liability Corp invested in 7,171 shares or 0.15% of the stock. Great West Life Assurance Company Can has invested 0.05% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Sta Wealth Lc stated it has 0.11% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Rocky Mountain Advisers Ltd Liability Com reported 0.4% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Evercore Wealth Management Ltd Co has invested 0.05% in Tesla, Inc. (NASDAQ:TSLA). The British Columbia – Canada-based Connor Clark & Lunn Investment Limited has invested 0.01% in Tesla, Inc. (NASDAQ:TSLA). Canada Pension Plan Investment Board owns 33,571 shares for 0.02% of their portfolio. Polaris Greystone Grp Limited invested in 1,078 shares or 0.02% of the stock. Savings Bank Of America Corporation De has invested 0.01% in Tesla, Inc. (NASDAQ:TSLA).

Since February 15, 2018, it had 2 insider purchases, and 7 insider sales for $31.52 million activity. Shares for $147,099 were sold by Branderiz Eric on Monday, March 5. Shares for $562,500 were sold by Musk Kimbal. The insider Musk Elon bought $24.92 million.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

Among 21 analysts covering Tesla (NASDAQ:TSLA), 7 have Buy rating, 6 Sell and 8 Hold. Therefore 33% are positive. Tesla had 46 analyst reports since February 13, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Monday, March 26 by CFRA. The rating was maintained by Bank of America with “Underperformer” on Thursday, August 2. The company was maintained on Wednesday, May 30 by Robert W. Baird. The company was downgraded on Thursday, July 19 by Needham. The rating was maintained by Citigroup with “Hold” on Thursday, March 8. Jefferies maintained the shares of TSLA in report on Wednesday, August 8 with “Hold” rating. Bank of America maintained it with “Sell” rating and $18000 target in Thursday, May 3 report. KeyBanc Capital Markets maintained Tesla, Inc. (NASDAQ:TSLA) on Wednesday, April 18 with “Hold” rating. As per Tuesday, May 1, the company rating was maintained by Goldman Sachs. On Monday, March 26 the stock rating was upgraded by Standpoint Research to “Underperform”. Below is a list of Tesla, Inc. (NASDAQ:TSLA) latest ratings and price target changes.

08/08/2018 Broker: Jefferies Old Rating: Hold New Rating: Hold Old Target: $250 New Target: $360 Maintain
03/08/2018 Broker: Canaccord Genuity Rating: Hold New Target: $336 Initiates Coverage On
02/08/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperformer Old Target: $180 New Target: $200 Maintain
02/08/2018 Broker: Oppenheimer Old Rating: Perform New Rating: Outperform Upgrade
19/07/2018 Broker: Needham Old Rating: Hold New Rating: Underperform Downgrade
18/06/2018 Broker: Vertical Group Rating: Sell New Target: $99.0000 Maintain
14/06/2018 Broker: Vertical Group Old Rating: Sell New Rating: Sell Old Target: $99 New Target: $93 Maintain
13/06/2018 Broker: Robert W. Baird Rating: Buy New Target: $411.0000 Maintain
12/06/2018 Broker: KeyBanc Capital Markets Rating: Hold
08/06/2018 Broker: Nomura Rating: Buy New Target: $450.0000

The stock decreased 0.34% or $1.1815 during the last trading session, reaching $351.2685. About 2.57M shares traded. Tesla, Inc. (NASDAQ:TSLA) has declined 11.99% since August 10, 2017 and is downtrending. It has underperformed by 24.56% the S&P500.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and energy storage products in the United States, China, Norway, and internationally. The company has market cap of $59.92 billion. The firm operates in two divisions, Automotive, and Energy Generation and Storage. It currently has negative earnings. It primarily offers sedans and sport utility vehicles.

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Seekingalpha.com which released: “Tesla Investors Should Brace For A Credit Downgrade” on August 07, 2018, also Seekingalpha.com with their article: “Tesla And Montana Skeptic: Our Response” published on July 25, 2018, Nasdaq.com published: “Will Auto & Energy Sales Drive Tesla’s (TSLA) Q2 Earnings?” on July 25, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Nasdaq.com and their article: “5 Top Stock Trades for Friday — Buy Yelp, Roku After Earnings Surge?” published on August 10, 2018 as well as Seekingalpha.com‘s news article titled: “Tesla Shorts Have Won Past Year” with publication date: August 06, 2018.

Tesla, Inc. (NASDAQ:TSLA) Institutional Positions Chart

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