Tesla shares are up more than 4% in Tuesday morning trading. Earlier, Stifel Nicolaus put a new buy rating on the stock, with a $400 price target. That is nearly 50% higher than its pre-Labor day weekend price of $269.70. The ambitious target comes after a visit Stifel's James Albertine offered a new lens through which we should be viewing Tesla's market opportunity.
Tesla Analyst Predicts The Sentiment 'freight Train' Will Send Shares Up Another 50%
Rob Wile, Business Insider
Tue, 09/02/2014 - 8:35am
Topics: earlier stifel nicolaus stifel's james albertine model s/x capgemini world wealth report model iii albertine tesla's fremont may toyota tacoma spring model x suvs gigafactory the a civil war is brewing in the race to replace gasoline-powered cars join if albertine tesla tsla model s predicts sentiment shares freight train rate company target price production million units-per-week electric units output year story remains luxury market auto growth vehicles
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