Analysts: NHTSA Investigation Into Tesla Likely to Be Benign and 3 More Research Notes to Look At

Tesla Motors Inc. (NASDAQ:TSLA): Deutsche Bank believes that the most likely outcome of the National Highway Traffic Safety Administration’s investigation into Tesla’s recent car fires will be benign, but the firm admits there is no guarantee that will be the case. Deutsche feels Tesla is likely to continue to experience an overhang on the stock until the agency publishes its findings, which are expected within 60 days or less. Deutsche thinks it’s likely that the NHTSA will accept Tesla’s proposed remedy to prevent the lowering of the vehicle at highway speeds through a software update; the firm has a Buy rating on the stock with a $200 price target.


Nanometrics Inc. (NASDAQ:NANO): Shares could reach $30, Pacific Crest says. Pacific Crest believes that Nanometrics is poised to benefit from new opportunities in foundry and 3D NAND. The firm thinks the stock’s risk/reward is very attractive and it keeps an Outperform rating on Nanometrics.


Blackstone Mortgage Trust Inc. (NYSE:BXMT): Weakness would be buying opportunity, according to FBR Capital. The firm recommends using any weakness in shares of Blackstone Mortgage from the company’s $150 million convertible debt capital raise as a buying opportunity. FBR believes the raise should help drive earnings growth and reiterates an Outperform rating on the stock.


Mead Johnson Nutrition Co. (NYSE:MJN): Mead Johnson was upgraded to Outperform from Perform at Oppenheimer. Oppenheimer upgraded Mead Johnson following the recent announcement that China is loosening its one-child policy. The analyst expects Mead Johnson to benefit from expansion of the customer base and a likely reduction in regulatory risks. The price target is set at $100.


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