Tesla (TSLA) PT Raised to $1,300 at CFRA

January 26, 2022 5:00 PM EST
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Price: $658.80 +4.88%

Rating Summary:
    27 Buy, 19 Hold, 11 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 13 | New: 20
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CFRA analyst Garrett Nelson raised the price target on Tesla (NASDAQ: TSLA) to $1,300.00 (from $1,250.00) while maintaining a Buy rating.

The analyst said '24 P/E of 90x, justified by TSLA's long-term earnings potential.

They raise EPS estimates by $1.35 to $10.40 for '22, by $1.20 to $12.45 for '23, and by $1.35 to $14.45 '24.

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