Credit Suisse Likes Tesla Motors Inc (TSLA)

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Mark Melin
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Updated on

Credit Suisse appears to have a man crush on Tesla Motors Inc (NASDAQ:TSLA) founder Elon Musk. While Barclays and Goldman Sachs have both guided lower on the stock, suggesting investors might find fair value closer to the lower end of the $200 range, Credit Suisse is all in on team Tesla ahead of the much anticipated product announcement today. Tesla stock a top pick for Dan Galves As reported in Barron’s, Credit Suisse analyst Dan Galves makes Tesla Motors Inc (NASDAQ:TSLA) a top stock pick and touts a $325 price target.  Tesla shares are were trading near $262 in early…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.