Tesla (TSLA) Gets a Buy Rating from Oppenheimer


In a report issued on January 18, Colin Rusch from Oppenheimer maintained a Buy rating on Tesla (TSLA). The company’s shares closed on Friday at $302.26.

According to TipRanks.com, Rusch is a 5-star analyst with an average return of 8.4% and a 46.8% success rate. Rusch covers the Industrial Goods sector, focusing on stocks such as Capstone Turbine Corp, Amer Superconductor, and Canadian Solar Inc.

Currently, the analyst consensus on Tesla is a Hold with an average price target of $330.41, a 9.3% upside from current levels. In a report issued on January 3, Robert W. Baird also reiterated a Buy rating on the stock with a $465 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 8.22M.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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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