Mizuho Securities Sticks to Their Buy Rating for Tesla (TSLA)
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According to TipRanks, Rakesh is a 5-star analyst with an average return of 19.2% and a 60.16% success rate. Rakesh covers the Technology sector, focusing on stocks such as Broadcom, Credo Technology Group Holding Ltd, and Advanced Micro Devices.
In addition to Mizuho Securities, Tesla also received a Buy from Benchmark Co.'s Mickey Legg in a report issued today. However, yesterday, GLJ Research reiterated a Sell rating on Tesla (NASDAQ: TSLA).
Based on Tesla's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $19.34 billion and a net profit of $409 million. In comparison, last year the company earned a revenue of $21.3 billion and had a net profit of $1.39 billion
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is neutral on the stock. Last month, Xiaotong Zhu, the SVP, APAC of TSLA sold 15,000.00 shares for a total of $4,857,000.00.
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