Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk announced Thursday that Tesla is making its vast array of technology patents available to the public for free, part of a bold move to spur development of electric vehicles in the face of climate change and create demand for Tesla’s batteries. Tesla Motors Inc (NASDAQ:TSLA) net profit margin is -6.50% and weekly performance is -0.84%. On last trading day company shares ended up $206.42. Analysts mean target price for the company is $224.83. Tesla Motors Inc (NASDAQ:TSLA) distance from 50-day simple moving average is 1.24%.
EOG Resources (NYSE:EOG)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank in a report issued on Wednesday. They currently have a $118.00 price target on the stock, up from their previous price target of $109.00. EOG Resources Inc (NYSE:EOG) shares advanced 2.14% in last trading session and ended the day on $114.02. EOG Gross Margin is 91.50% and its return on assets is 7.80%. EOG Resources Inc (NYSE:EOG) quarterly performance is 22.77%.
Newfield Exploration (NYSE:NFX)‘s stock had its “hold” rating reiterated by equities researchers at Deutsche Bank in a research report issued on Wednesday. They currently have a $42.00 price target on the stock, up from their previous price target of $38.00. Newfield Exploration Co. (NYSE:NFX) shares moved up 3.00% in last trading session and was closed at $40.45, while trading in range of $38.93-$40.49. Newfield Exploration Co. (NYSE:NFX) year to date performance is 64.23%.
Equities research analysts at RBC Capital increased their price target on shares of Flextronics International (NASDAQ:FLEX) from $11.00 to $12.00 in a research note issued on Friday. The firm currently has an “outperform” rating on the stock. Flextronics International Ltd. (NASDAQ:FLEX) ended the last trading day at $11.32. Company weekly volatility is calculated as 2.20% and price to cash ratio as 4.16. Flextronics International Ltd. (NASDAQ:FLEX) showed a positive weekly performance of 3.00%.
Occidental Petroleum Corporation (NYSE:OXY) has selected Robert Peterson as president of wholly owned subsidiary Occidental Chemical Corp. (OxyChem), effective Aug. 1. He succeeds Chuck Anderson, who will retire July 31. Occidental Petroleum Corporation (NYSE:OXY) net profit margin is 24.00% and weekly performance is 2.84%. On last trading day company shares ended up $103.23. Analysts mean target price for the company is $107.20. Occidental Petroleum Corporation (NYSE:OXY) distance from 50-day simple moving average is 7.14%.