Tesla Motors Inc. (NASDAQ:TSLA) just announced a $1.6 billion convertible debt offering. Tesla looks to offer $800 million of convertible senior notes due in 2019 and $800 million due in 2021 to build the world’s largest battery factory. Tesla Motors Inc. (NASDAQ:TSLA) stock opened at $258.58 in last session, and closed at $253.00, while the day range of Tesla Motors Inc. (NASDAQ:TSLA) stock is $247.50 – $265.00. The stock showed a positive weekly performance of 30.65%.
Shares of Foot Locker (NYSE:FL) have earned an average recommendation of “Buy” from the nineteen ratings firms that are currently covering the company, Analyst RN reports. Three equities research analysts have rated the stock with a hold recommendation and thirteen have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $42.00. Foot Locker, Inc. (NYSE:FL) stock opened at $41.50 in last session, and closed at $41.98 by gaining 1.47%. The 52 week range of $31.30 – $42.12. Company’s market capitalization is $6.20B.
Tata Motors (NYSE:TTM) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Thursday, American Banking News reports. The firm currently has a $35.50 price objective on the stock. Zacks‘target price would indicate a potential upside of 15.41% from the company’s current price. Tata Motors Limited (ADR) (NYSE:TTM) stock increased 3.24% and finished the last session at $33.82. The EPS of the stock remained 2.81. Company’s market capitalization is $21.77B.
Vera Bradley, Inc. (NASDAQ:VRA) has moved higher as of late, but there could definitely be trouble on the horizon for this company. That is because VRA is now in overbought territory with an RSI value of 71.0. Furthermore, Vera Bradley currently has a Zacks Rank #4 (Sell), suggesting that investors may want to consider exiting this stock now before it falls back to Earth. Vera Bradley, Inc. (NASDAQ:VRA) stock opened the session at $26.18, and closed the session at $26.33. The 52 week range of the Vera Bradley, Inc. (NASDAQ:VRA) stock remained $17.27 – $27.03 and the day range was $26.09 – $27.03.