Tesla Motors Inc (NASDAQ:TSLA) is in the spotlight after Ben Kallo, analyst at Baird, wrote that he expects Elon Musk’s company to report 21,000 deliveries for the third quarter around early next week. That number includes 9,000 Model X deliveries and 12,000 Model S deliveries. Although any number above 20,000 could be positive, negative sentiment could rear its head again shortly after the announcement due to the company’s impending potential merger with SolarCity. Baird has a $338 price target and an ‘Outperform’ rating on the stock. A total of 36 investors tracked by us owned shares of Tesla Motors Inc (NASDAQ:TSLA) at the end of June, down by three funds from the previous quarter.
Pfizer Inc. (NYSE:PFE) has officially closed its purchase of Medivation, which it agreed to buy for $81.5 in cash per share, for a total enterprise value of $14 billion. Medivation has a leading position in oncology, and Pfizer’s management continues to expect the purchase to be $0.05 accretive to adjusted EPS in the first full year and for additional growth and accretion after that. The number of funds from our database with holdings in Pfizer Inc. (NYSE:PFE) fell by 25 quarter-over-quarter to 94 at the end of June.