Tesla Stock Surges Amid Bullish Analyst Upgrades and Price Target Hikes

1 min read
Source: Benzinga
Tesla Stock Surges Amid Bullish Analyst Upgrades and Price Target Hikes
Photo: Benzinga
TL;DR Summary

Tesla's stock has seen multiple price target hikes following Roth MKM's upgrade from "neutral" to "buy," with Bank of America raising its target from $350 to $400. Analysts are optimistic about Tesla's future developments, including a low-cost EV and advancements in full self-driving technology. Despite some differing opinions, the consensus remains a "buy" with an average price target of $318.33, suggesting a potential downside. Tesla shares have risen 49% year-to-date.

Share this article

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

1 min

vs 2 min read

Condensed

79%

33470 words

Want the full story? Read the original article

Read on Benzinga