On Monday, Goldman Sachs analystDavid Tamberrino, who has assumed Tesla coverage duties from Patrick Archambault, downgraded the stock from "neutral" to "sell" and dropped his target price to $185 from an already bearish $190.
Interestingly, Goldman's author of earlier analyst reports about Tesla, Patrick Archambault, recently departed the firm, and the most recent report, with its downgrade, was written by David Tamberrino, whose name in the past has appeared beneath that of Archambault.
Date: Oct 10, 2016
Category: Business
Source: Google
Tesla's Cozy Relations With Banks Have Lost That Loving Feeling
Similarly, Goldman analyst Patrick Archambault upgraded Tesla on May 18 -- the same morning that Tesla launched a $1.4 billion secondary stock offering. Goldman and Morgan Stanley were lead managers on the deal, and Goldman said at the time that the call was made independently of the underwriting te
statement, Tesla said that it would use the capital it raises to "accelerate the ramp" of its Model 3 mass-market vehicle. The fundraising confirmed expectatins across Wall Street, though the$1.4 billion Tesla is more than some analysts, including Goldman Sachs' Patrick Archambault, had anticipated.
Date: May 18, 2016
Category: Business
Source: Google
The Model 3 Reveal: Tesla Appears Poised To Issue Debt And $2 Billion In Equity
equity with an attractive conversion feature, or preferred stock. I can promise you that even as Patrick Archambault maintains his TSLA price targets despite having continuously and embarrassingly overestimated the company's operating results, his investment banking colleagues at Goldman Sachs & Co.
We won't hold our breath. During the most recent call, Patrick Archambault of Goldman Sachs asked for the "current run rate" on Model X production and for some information about what steps Tesla needed to take to achieve its promise of 1,000 Model X cars per week during the second quarter.
Date: Feb 16, 2016
Category: Sci/Tech
Source: Google
CompaniesTime to pivot from GM to Ford says Goldman
Ford stands to benefit from the full production of the new F-150 in the second half of the year and in 2016 and its improving position in China, Patrick Archambault, an analyst at Goldman Sachs, says.
Date: Jun 24, 2015
Source: Google
Here's Why Tesla Motors Inc Energy Will Be “Multi-Billion Dollar” Business In ...
currently costs around $550 per kWh that is expected to come down to roughly $250 by 2020. The estimated cost per kWh for 2025 is marginally below $200. Goldman Sachs analyst, Patrick Archambault has said that the storage arm is expected to boost the companys earnings per share by $1.13 in 2021.
Desranleau School Bedford Kuwait 1989-1991, Jean-Jacques Bertrand High School Farnham Kuwait 1989-1994, College of Professional & General Education St. Jean Sur Richelieu Kuwait 1995-1998
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