The Federal Trade Commission (FTC), which oversees and propagates consumer protection and business competition, supported Tesla Motors Inc (NASDAQ:TSLA)’s direct selling model in a blog post on its website on Thursday. The post was authored by three staff members from the FTC, namely Andy Gavil, Deborah Feinstein, and Martin Gaynor, who lashed out at US state lawmakers for banning Tesla from bypassing the traditional dealership model. Tesla Motors Inc (NASDAQ:TSLA) shares after opening at $202.00moved to $206.70 on last trade day and at the end of the day closed at $199.85. Company price to sales ratio in past twelve months was calculated as 12.23 and price to cash ratio as 29.10. Tesla Motors Inc (NASDAQ:TSLA) showed a positive weekly performance of 0.87%.
Altria Group (NYSE:MO) had its neutral rating reaffirmed by analysts at Zacks. The firm currently has a $40.00 price target on the stock. Zacks’ analyst wrote, “Altria’s first-quarter 2014 earnings of $0.57 were inline with the Zacks Consensus. However, earnings were ahead of the year ago results by 5.6% backed by strong performance of leading premium brands. Sales missed Zacks Consensus Estimate by 1.0% as soft revenue in the Smokeable segment offset the gains in the smokeless segment. Altria Group Inc (NYSE:MO) shares advanced 1.85% in last trading session and ended the day on $39.11. MO return on equity ratio is recorded as 118.80% and its return on assets is 12.80%. Altria Group Inc (NYSE:MO) yearly performance is 14.59%.
Under Armour (NYSE:UA)‘s stock had its “overweight” rating restated by research analysts at Barclays in a report released on Wednesday, ARN reports. They currently have a $60.00 price target on the stock, down from their previous price target of $105.00. Barclays’ price objective suggests a potential upside of 23.92% from the company’s current price. Under Armour Inc (NYSE:UA) shares moved down -3.97% in last trading session and was closed at $48.42, while trading in range of $ 48.19 – 51.00. Under Armour Inc (NYSE:UA) year to date (YTD) performance is 10.93%.
The Coca-Cola Company (NYSE:KO) had its neutral rating reaffirmed by analysts at JPMorgan Chase & Co. JPMorgan Chase & Co. currently has a $48.00 target price on the stock. The Coca-Cola Company (NYSE:KO) weekly performance is -8.74%. On last trading day company shares ended up 41.01. The Coca-Cola Company (NYSE:KO) distance from 50-day simple moving average (SMA50) is -13.77%. Analysts mean target price for the company is $52.83.
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