UPDATE: Goldman Sachs Reiterates on Tesla Motors Following 3Q EBITDA Report
November 06, 2013 at 11:11 AM EST
In a report published Wednesday, Goldman Sachs analyst Patrick Archambault reiterated a Neutral rating on Tesla Motors (NASDAQ: TSLA ), and raised the price target from $95.00 to $104.00. In the report, Goldman Sachs noted, “Tesla reported adjusted 3Q EBITDA of $48mn, above our $46mn estimate. We are making changes