Notable Downgrades: Tesla (TSLA), MasterCard (MA), Alibaba (BABA), GoPro (GPRO), Nokia (NOK)
February 01, 2016 at 13:54 PM EST
Tesla Motors, Inc. (TSLA) was reiterated an ‘Overweight’ by Morgan Stanley (MS) analysts on Monday. The broker also cut its price target on the stock to $333 from $450. On valuation measures, Tesla Motors stock it’s trading at a forward P/E multiple of 111.55x. The t-12-month revenue at Tesla Motors Inc. is $3.79 billion. TSLA […] View the full post at: Notable Downgrades: Tesla (TSLA), MasterCard (MA), Alibaba (BABA), GoPro (GPRO), Nokia (NOK) Related posts: MasterCard Shares Could Soar Above $200 Nokia Settles with Qualcomm for $2.3 bln in Patent Agreement JPMorgan Switching Debit Platform Over to Visa from MasterCard