Key Points Journey Advisory Group LLC reduced its stake in Tesla, Inc. by 65.9%, selling 6,536 shares and ending up with 3,389 shares valued at approximately $1,077,000. Tesla's recent quarterly earnings report showed earnings per share of $0.40, missing expectations by $0.03, with a revenue of $22.50 billion, down 11.8% year-over-year. Analyst ratings for Tesla show mixed sentiments, with a consensus target price of $363.54 and a range of recommendations from Strong Buy to Sell issued by various firms. Happy Third Birthday to the Bull Market Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). Tesla had a return on equity of 7.98% and a net margin of 6.54%.The firm had revenue of $22.50 billion for the quarter, compared to analysts' expectations of $23.18 billion. During the same period last year, the business earned $0.52 earnings per share. The firm's revenue for the quarter was down 11.8% on a year-over-year basis. As a group, analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Wall Street Analysts Forecast Growth TSLA has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on Tesla from $345.00 to $435.00 and gave the stock a "buy" rating in a research note on Friday, September 26th. Mizuho raised their price target on Tesla from $375.00 to $450.00 and gave the company an "outperform" rating in a report on Tuesday, September 23rd. Evercore ISI raised their target price on Tesla from $235.00 to $300.00 and gave the company an "in-line" rating in a research note on Monday, October 13th. Stifel Nicolaus set a $483.00 target price on Tesla and gave the company a "buy" rating in a research note on Wednesday, October 8th. Finally, UBS Group set a $247.00 price target on Tesla in a research report on Monday, October 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and ten have assigned a Sell rating to the company. Based on data from MarketBeat, Tesla has an average rating of "Hold" and a consensus target price of $363.54.