Tesla (TSLA) Receives a Buy from Goldman Sachs

In a report released today, Mark Delaney from Goldman Sachs maintained a Buy rating on Tesla (TSLAResearch Report). The company’s shares closed yesterday at $180.59.

According to TipRanks, Delaney is a 4-star analyst with an average return of 9.2% and a 53.88% success rate. Delaney covers the Technology sector, focusing on stocks such as Jabil Circuit, Flex, and Sensata.

In addition to Goldman Sachs, Tesla also received a Buy from Mizuho Securities’s Vijay Rakesh in a report issued yesterday. However, on April 10, Bernstein assigned a Sell rating to Tesla (NASDAQ: TSLA).

See the top stocks recommended by analysts >>

The company has a one-year high of $364.07 and a one-year low of $101.81. Currently, Tesla has an average volume of 163.4M.

Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TSLA in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Tesla, Inc. manufactures and sells fully electric vehicles, solar energy generation systems and energy storage products. It also operates a network of vehicle service centers and Supercharger stations. The company operates through two segments: Automotive and Energy Generation & Storage. Founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003, the company is headquartered in Palo Alto, CA.

Read More on TSLA: