Sell Tesla Above $225 says S&P Capital IQ
August 07, 2015 at 14:34 PM EDT
A day after falling 10% as lowered guidance offset better-than-expected earnings, electric car maker Tesla (TSLA) continued to fall on heels of a downgrade to sell by S&P Capital IQ. Analyst Efraim Levy suggests selling if the stock is above $225 a share, downgrading the stock from hold. As he writes: We lower our 12-month [...]