Tesla Motors Inc (TSLA) PT Raised On Higher Net Cash: BAML

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HFA Staff
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Tesla Motors Inc (NASDAQ:TSLA) has seen price targets on its shares multiply since it released its first quarter earnings report earlier in May. Bank of America Corp. (NYSE:BAC) has been consistently bearish on the company, giving it a price target of $36 last week. A new report puts the firm’s hopes a little higher, but not by much. Tesla Motors Inc (TSLA) Stock Prediction Bank of America Corp. (NYSE:BAC) thinks that in twelve months’ time, Tesla Motors Inc (NASDAQ:TSLA) stock should be worth $39. The bank is raising its estimation of Tesla based on the company’s debt deal, which the…

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