Stifel Reiterates on Tesla Motors Following 3Q13 Quick Look

By: Benzinga
In a report published Wednesday, Stifel analyst James J. Albertine reiterated a Hold rating on Tesla Motors (NASDAQ: TSLA ). In the report, Stifel noted, “We view TSLA as an exceptional start-up luxury auto manufacturer. We believe a longer-term investment strategy exists for such an endeavor, but not at 60-70x
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