In Tuesday’s Analysts’ Actions, TheStreet highlights Facebook (FB) as it receives high honors, along with some warning signs for Tesla Motors (TSLA) and PayPal Holdings (PYPL). Analysts at Piper Jaffray initiated coverage on shares of the newly spun-off PayPal with an UNDERWEIGHT rating and a $30 price target, saying consumers have alternatives including Apple (AAPL) Pay and Google’s (GOOGL) Android Pay. Tesla also received a negative note by analysts at UBS. The firm downgraded the electric carmaker to SELL from NEUTRAL with a reduced price target of $210, pointing to risks of Tesla’s delivery targets. Meanwhile, analysts at Bank of America/Merrill Lynch like Facebook. The firm added the Internet name to its U.S. 1 list, the firm’s collection of top investment ideas. BofA/Merrill analysts kept their BUY rating and a $105 price target. TheStreet’s Kurumi Fukushima reports in New York.
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