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NEW YORK (TheStreet) -- Shares of Tesla Motors Inc were down 3.26% to $259.16 in early market trading Wednesday, after the company was downgraded to "sector weight" from "overweight" by analysts at Pacific Crest this morning. The firm kept its $293 price target unchanged, saying the valuation is getting full at current levels. TheStreet's Jim Cramer, Portfolio Manager of the Action Alerts PLUS ... Read News
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Tesla Shares Rise For The First Time In Three Sessions
Shares of Tesla Motors Inc. on Thursday snapped a three-day losing streak that shaved more than 9% off the share price and took them to their lowest since June. Analysts from Pacific Crest and Deutsche Bank earlier this week downgraded Tesla's stock on concerns about valuations. Tesla has gained 17% so far this year, compared with gains of 0.4% for the S&P 500 Index . The stock has risen 24% in ... Read News
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NEW YORK (TheStreet) -- Tesla Motors shares are advancing 1.58% to $262 in Friday's pre-market trading session after the electric-car maker hired former Burberry senior VP Ganesh Srivats as its new sales executive, Bloomberg reports. Tesla today confirmed Ganesh Srivats' position as VP for North American sales, which will help the company further expand its automotive luxury reputation ... Read News
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