Wunderlich Securities maintains its Buy rating and $30 target price on Tesla Motors TSLA ahead of earnings, on expectations of record Model S orders and many other positive catalysts for the company.
Wunderlich Securities notes, "We are likely to see some positive news when the company reports, in addition to 1) better-than-consensus revenue; 2) higher sequential Model S order book; 3) moving up date on which Model S rolls out of Fremont plant and; 4) order data on the Model X."
TSLA closed at $31.49 a share on Monday.
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Posted In: Analyst ColorPrice TargetReiterationPre-Market OutlookAnalyst RatingsWunderlich Securities
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