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Tesla (TSLA) PT Raised to Street High $1,580 at New Street Research on 'Multiple Strong Catalysts'
December 8, 2021 8:00 AM EST(Updated - December 8, 2021 8:05 AM EST)
New Street Research analyst Pierre Ferragu raised the price target on Tesla (NASDAQ: TSLA) to Street High $1,580.00 (from $1,298.00) while maintaining a Buy rating, citing multiple strong catalysts.
The analyst comments "Continued ramp despite supply challenges.... More
'No Rival to Get Even Close' - Tesla (TSLA) Shares Soar as UBS Raises Price Target by Nearly 40%
December 7, 2021 6:47 AM ESTUBS analyst Patrick Hummel raised the price target on Tesla (NASDAQ: TSLA) to $1,000.00 per share from the prior $725.00 to reflect the companys EV leadership position.
The new price target is still about 10% below the current TSLA share price, hence the Neutral rating has been left unchanged. The price target revision also reflects the higher earnings and FCF estimates.
Tesla is likely to continue beating consensus expectations also in 2022 in terms of top line growth and margins, in a global EV market that... More
