Needham says the pullback in Tesla Motors ([[TSLA]] -0.7%) is somewhat surprising since the company seems to be executing on its plan. The firm says the Model-S is still on track for a mid-year delivery, and the company is likely to give bullish…
Posted by admin | Posted on 13-04-2012
Category : Stocks
Tags: bullish, buy, call, company, delivery, mid, needham, track, tsla
Needham says the pullback in Tesla Motors (TSLA -0.7%) is somewhat surprising since the company seems to be executing on its plan. The firm says the Model-S is still on track for a mid-year delivery, and the company is likely to give bullish guidance during its earnings call in May. The firm reiterates a Buy with a $40 price target.
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Go here to read the rest: Needham says the pullback in Tesla Motors ([[TSLA]] -0.7%) is somewhat surprising since the company seems to be executing on its plan. The firm says the Model-S is still on track for a mid-year delivery, and the company is likely to give bullish…