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Analysts Weigh In On Three Stock Giants: Tesla Motors Inc (TSLA), Paypal Holdings Inc (PYPL), Yelp Inc (YELP)


Analysts are weighing in on electric automotive giant Tesla Motors Inc (NASDAQ:TSLA), online payment giant Paypal Holdings Inc (NASDAQ:PYPL), and customer review giant Yelp Inc (NYSE:YELP), offering compelling reasons for their ratings and summarizing expectations.

Tesla Motors Inc

Stifel Nicolaus analyst James Albertine was out pounding the table on Tesla Motors Friday, reiterating a Buy rating and price target of $400, which represents a potential upside of 90% from where the stock is currently trading.

Albertine observed, “TSLA remains a formidable automotive manufacturer creating compelling luxury electric vehicles that will span price points, in our view, while remaining early in realizing benefits from stationary storage and its Gigafactory. Our estimates and our valuation outlook reflect a company that should continue to positively disrupt the automotive and utility sectors, unearthing demand for electric vehicles and energy storage that legacy competition has overlooked or otherwise dismissed in its history.”

Furthermore, “Looking at potential risks, in addition to a highly complex production ramp for the Model X, we are hearing growing concerns from our colleagues with respect to softening luxury spending and reduced high income consumer sentiment as of late. This is consistent with commentary from our luxury automotive retail coverage amid weaker than expected 3Q15 results (primarily in the northeast U.S.). Based on TSLA commentary (and perhaps its scale given the ongoing demand/supply imbalance), we do not believe management is witnessing the same slowdown (at this point) in demand for the Model S sedan or Model X crossover utility . However, we continue to monitor the global luxury consumer closely to the extent that reduced...