Tesla (TSLA) Stock Upgraded by Morgan Stalney - $320 Price Target 2014

Tesla (TSLA) Upgraded w/ $320 Price Target in 2014 - @stockstobuy -

Tesla (TSLA) is rising to $230 in early pre market this morning after Morgan Stanley upgraded the stock with a 2014 price target of $320.  I tweeted this might happen yesterday and it looks like I was lucky on the timing.  Shorts are getting crushed and the latest victim has been CNBC guest Doug Kass.  Doug Kass tried to be a hero and short TSLA right before earnings which is something you should never do.  I doubt he will cover today so as long as shorts are holding on for dear life, Tesla shares will continue to rally.  It's when all shorts capitulate and cover, long term holders should be worried and be looking to sell.

Doughtery analyst Andrea James was the first person to upgrade Tesla (TSLA) with a $300+ price target after earnings last week.  She upgraded Tesla with a $325 price target.  Andrea James has been spot on for the past year when she predicted a $200 per share when TSLA was trading at $90.  I think I was the only one that believed her because she had to constantly defend herself on CNBC and Bloomberg.  Her calls on Tesla over the past year have been some of the best predictions I've ever seen regarding momentum growth stocks.

Tesla (TSLA) is now a strong buy below $200 if the stock ever sees another big correction.

Check out more hot stocks in 2014 - Stock Gainers 2014 - Penny Stocks Gainers 2014

Tesla (TSLA) Stock Upgraded - $170 Price Target in 2014

Tesla (TSLA) Upgraded w/ $170 Price Target in 2014 - @stockstobuy -

Tesla (TSLA) dropped another 10% today to close around $120 which is causing me to upgrade the stock.  Tesla (TSLA) stock has now dropped from $195 to $120 in about 6 weeks.  TSLA has dropped from $180 to $120 in the past 10 days.

Investors with a longer time horizon than a few days should view this TSLA drop as a good buying opportunity.  We could even see this stock return to $160-$170 before earnings in February 2014 as shorts cover ahead of the results.  The long term thesis is still intact and investors who missed the last rally from $105-$195 are receiving a second chance.

- Tesla has heavy insider ownership with the CEO holding almost 29 million shares or 1/4 of the company.  This is rare in a high growth company.

- Elon Musk continues to buy stock and said he was the first in and will be the last out

- At $120, the company becomes a take over target.  Google (GOOG) or Microsoft (MSFT) could easily write a check for $20 billion.

- Short interest is likely above 35% of the float of 79 million shares.

- Today we saw a 10% down day on heavy volume, a sign of capitulation.

- Tesla (TSLA) is oversold on several key indicators.

- Shorts will take profits ahead of earnings in February 2014.

- Elon Musk can easily burn shorts badly by raising guidance or announcing better battery production pre earnings.

Tesla (TSLA) 2014 Price Target $150

Tesla Motors (TSLA) Stock Upgraded with $150 Price Target 2014 -

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Tesla (TSLA) stock is trading above $103 this morning after receiving a $150 price target from Global Equities Research.  The firm sees potential game changing technology coming in the future.  Global Equities says Tesla (TSLA) is creating a new industry that the research house is calling Transport as a Service and could become a $100B business in which the electric-car maker could "easily capture" a 60% share of

Also see - Top Stocks 2013 - Top Stock Gainers 2013

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