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Bernstein Maintains Their Hold Rating on Tesla (TSLA)


Bernstein analyst Toni Sacconaghi maintained a Hold rating on Tesla (NASDAQ: TSLA) today and set a price target of $325. The company’s shares opened today at $264.77, close to its 52-week low of $244.59.

According to TipRanks.com, Sacconaghi is ranked #304 out of 4878 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Tesla with a $317.70 average price target, implying a 20.0% upside from current levels. In a report issued on September 18, Morgan Stanley also maintained a Hold rating on the stock with a $291 price target.

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The company has a one-year high of $387.46 and a one-year low of $244.59. Currently, Tesla has an average volume of 10.03M.

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Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. It also provides vehicle service centers, supercharger station, and self-driving capability. The firm operates through Automotive, and Energy Generation and Storage segments.

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