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Baird Says Buy The Recent Weakness In Tesla Motors, Sees 68% Upside In Shares
Friday, September 2, 2016 - 10:40am | 562Read More...Baird has urged investors to buy the recent weakness in Tesla Motors Inc (NASDAQ: TSLA), as it reiterated its Outperform rating and price target of $338, implying a potential upside of 68 percent over recent close. Headwinds, Tailwinds Investors are concerned over Tesla's S-4 filing that calls for...
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Analysts Confident SolarCity Won't Find Higher Bid During Go-Shop Period
Tuesday, August 2, 2016 - 10:52am | 330Read More...A pair of Wall Street firms are throwing in the towel on SolarCity Corp (NASDAQ: SCTY) because they believe Tesla Motors Inc (NASDAQ: TSLA)’s current buyout offer is the best SolarCity shareholders can hope for. In a new note on Tuesday, Baird analyst Ben Kallo downgraded SolarCity to...
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A Summary Of Elon Musk's Acquisition Conference Call
Friday, June 24, 2016 - 8:53am | 286Read More...On a conference call, Tesla Motors Inc (NASDAQ: TSLA) management indicated that with the acquisition of SolarCity Corp (NASDAQ: SCTY), the company would be able to significantly lower overall costs and become a provider of complete energy solutions. Investors continue to be concerned about the...
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SolarCity Acquisition Could Add Cross-Sell Opportunities For Tesla
Wednesday, June 22, 2016 - 12:29pm | 297Read More...Tesla Motors Inc (NASDAQ: TSLA) investors clearly aren't happy with the plan to merge with SolarCity Corp (NASDAQ: SCTY). While SolarCity shares are up 8.6 percent Wednesday, Tesla shares are down 7.8 percent. Despite the negative market reaction, Baird analyst Ben Kallo believes the merger...
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SolarCity's Team, Scale And Experience Make The Stock A Buy: Baird
Thursday, June 9, 2016 - 8:43am | 287Read More...SolarCity Corp (NASDAQ: SCTY) recently announced several financing transactions. Baird’s Ben Kallo upgrading the rating for the company to Outperform, while maintained the price target at $37. The analyst commented that the financing transactions would boost balance sheet, further project...
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Baird Still Buying Tesla, Raises Price Target To $338
Thursday, May 5, 2016 - 8:10am | 300Read More...Tesla Motors Inc (NASDAQ: TSLA) reported its 1Q results largely in-line with expectations. Baird’s Ben Kallo reiterated an Outperform rating for the company, while raising the price target from $300 to $338. The analyst mentioned that Tesla seemed to have resolved most of its Model X...
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Baird Brushes Off Model X Concerns In Tesla Upgrade, Sees High Short Interest As Catalyst For Upside
Monday, March 14, 2016 - 9:25am | 408Read More...Baird brushed off its Model X concerns while upgrading Tesla Motors Inc (NASDAQ: TSLA) to Outperform and raising its price target to $300 from $230. "We believe investor skepticism has significantly increased since we downgraded TSLA on Oct. 6, and although we were concerned about the rate of...
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Tesla Q3 Earnings Preview: Here's What Wall Street Pros Are Saying
Tuesday, November 3, 2015 - 1:40pm | 910Read More...Shares of Tesla Motors Inc (NASDAQ: TSLA) are lower by nearly 20 percent over the past three months and down nearly 13 percent from a year ago. The consensus estimate is calling for Tesla to report a loss of $0.53 per share on revenue of $1.214 billion. Wall Street analysts were mostly...
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This Tesla Analyst Is Waiting Until 2016 For Catalysts
Tuesday, October 27, 2015 - 8:32am | 312Read More...Tesla Motors Inc (NASDAQ: TSLA) shares are down 3 percent year-to-date, even after hitting a high of $282.26 on July 20. Baird’s Ben Kallo maintained a Neutral rating on the company, with a price target of $282. The Model X production ramp is taking longer than expected and bearish...
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10% Drop: A Recap Of Tesla's Rough Week
Friday, October 9, 2015 - 11:59am | 628Read More...Shares of Tesla Motors Inc (NASDAQ: TSLA) began the week trading near $250 per share. The stock has lost 10 percent over the past five days following notable downgrades by Wall Street analysts. Analysts were mostly concerned with Tesla's new Model X. Shares of Tesla began the week...
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Tesla Downgraded At Baird, Firm Sees Model X Deliveries 'Unclear'
Wednesday, October 7, 2015 - 10:36am | 300Read More...Tesla Motors Inc (NASDAQ: TSLA) shares have appreciated 14 percent in the last six months, when they touched a low of $203. Baird’s Ben Kallo downgraded the rating on the company to Neutral, while reducing the price target from $335 to $282. Uncertainty related to the timing of a...
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Tesla's Model X Is Coming: Here's What Baird, Morgan Stanley Think About It
Monday, June 22, 2015 - 10:55am | 563Read More...In light of the upcoming launch of the Model X by Tesla Motors Inc (NASDAQ: TSLA), analysts remain optimistic on the stock. According to Smarter Analyst, Robert W. Baird & Co. analyst Ben Kallo in a note published on Friday, June 19, reiterated an Outperform rating on the stock with a price...
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Baird Sees 'String Of Positive Catalysts' Upcoming At Tesla
Monday, June 8, 2015 - 10:02am | 338Read More...In a report published Monday, Baird analyst Ben Kallo reiterated an Outperform rating on shares of Tesla Motors Inc (NASDAQ: TSLA) with a price target raised to $335 from a previous $275 ahead of a "string of positive catalysts." Shares of Tesla were up more than 2.5 percent at $255....
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Why This Analyst Has Tesla As His Top Pick Of The Year, Calls It A 'Crusade Stock'
Friday, March 20, 2015 - 1:27pm | 392Read More...Shares of Tesla Motors Inc (NASDAQ: TSLA) plunged Thursday following the company's conference call on combating "range anxiety." Ben Kallo, Robert W. Baird and Co.'s senior research analyst, was on CNBC to discuss why Tesla is his top pick of the year and the takeaways from...
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Baird Analyst Discusses First Solar/SunPower Deal
Wednesday, February 25, 2015 - 2:57pm | 406Read More...Shares of First Solar, Inc. (NASDAQ: FSLR) had a massive rally Tuesday, closing up 10.19 percent from its previous close on back of the company posting record earnings for the fourth quarter and news of a joint venture between First Solar and SunPower Corporation (NASDAQ: SPWR). Ben Kallo,...
