Notable Downgrades: Tesla (TSLA), iDreamSky (DSKY), Twitter (TWTR), Informatica Corp (INFA), Chesapeake Energy (CHK)

Analysts at Credit Agricole downgraded Tesla Motors, Inc. (TSLA) from ‘Outperform‘ to ‘Underperform‘ in a research report issued to clients on Wednesday. The target price for TSLA is lowered from $275 to $220. On valuation measures, Tesla Motors Inc. stock it’s trading at a forward P/E multiple of 47.19x this year’s estimated earnings. The t-12-month […] View the full post at: Notable Downgrades: Tesla (TSLA), iDreamSky (DSKY), Twitter (TWTR), Informatica Corp (INFA), Chesapeake Energy (CHK) Related posts: Insider Selling: Twitter (TWTR) CEO Unloads $5M Worth of Stock Twitter is Our Id, Facebook is Our Ego Top Pre-Market Stock Upgrades/Downgrades April 21, 2010