Bank of America Reiterates on Tesla Motors as Investors Appear Increasingly Spooked in October
October 23, 2013 at 11:18 AM EDT
In a report published Wednesday, Bank of America analyst John Lovallo II reiterated an Underperform rating and $45.00 price target on Tesla Motors (NASDAQ: TSLA ). In the report, Bank of America noted, “We have written extensively on our view that Tesla's shares are vastly overvalued from a fundamental standpoint
