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Inv2018

10/07/18 10:30 AM

#17737 RE: Orko #17735

It's no longer a question of if, it's when. They have something like $8-$10 billion in debt. They probably can't even afford the $300-$400 million cash due on the Solar City debt in a few weeks.

Could they find a way to kick the can down the road for another year? Probably but that would make their situation much worse then. The prudent move would be to reorg immediately to right the ship.

conix

10/07/18 1:18 PM

#17741 RE: Orko #17735

Goldman Sachs Group Reiterates “$210.00” Price Target for Tesla (TSLA)

Posted by ABMN Staff on Oct 3rd, 2018 // No Comments

Tesla logoTesla (NASDAQ:TSLA) has been given a $210.00 price objective by equities research analysts at Goldman Sachs Group in a report released on Wednesday. The firm presently has a “sell” rating on the electric vehicle producer’s stock. Goldman Sachs Group’s price target points to a potential downside of 30.32% from the company’s current price.

A number of other analysts have also recently weighed in on the company. Cowen set a $200.00 price target on Tesla and gave the company a “sell” rating in a research report on Wednesday. Wolfe Research began coverage on Tesla in a research report on Tuesday. They issued a “peer perform” rating on the stock. Morningstar set a $179.00 price target on Tesla and gave the company a “sell” rating in a research report on Tuesday. Oppenheimer reiterated a “buy” rating and issued a $385.00 price target on shares of Tesla in a research report on Monday. Finally, Independent Research reiterated a “neutral” rating and issued a $288.00 price target on shares of Tesla in a research report on Monday. Fifteen investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $308.91.