New Stock Coverage Initiated for Tesla Motors

Wall St. Watchdog reveals information about companies for which stock analysts initiated coverage in the Consumer Goods sector for the week ending November 25th, 2011.

  • DTS (NASDAQ:DTSI): JMP Securities initiated coverage of this company with a rating of Mkt Outperform and a price target of $40 on Nov 22nd. The shares recently traded at $27.29, down $0.01, or 0.04% since the analyst’s rating. About the company: DTS, Inc. is a provider of digital multi-channel audio technology, products, and services for entertainment markets worldwide. The Company uses the technology in more than two speakers at once, targeted toward motion picture, home theater, and other consumer markets. Get the most recent company news and stock data here >>
  • Tesla Motors (NASDAQ:TSLA): Wunderlich initiated coverage of this company with a rating of Hold and a price target of $30 on Nov 22nd. The shares recently traded at $31.66, down $0.41, or 1.28% since the analyst’s rating. About the company: Tesla Motors, Inc. designs, manufactures, and sells high-performance electric vehicles and electric vehicle powertrain components. The Company owns its sales and service network and sells electric powertrain components to other automobile manufacturers. Competitors to Watch: Toyota Motor Corp. (NYSE:TM), HONDA MOTOR CO., LTD. (NYSE:HMC), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), Tata Motors Limited (NYSE:TTM), Spartan Motors, Inc. (NASDAQ:SPAR), and Federal Signal Corporation (NYSE:FSS).

(Note: Selected financial data are sourced from Briefing.com via the Wall St. Journal. All data are assumed to be accurate.)

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