Tesla stock target raised at Truist on lower rates

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Go back to Tesla stock target raised at Truist on lower rates

Tesla (TSLA) PT Raised to $130 at JPMorgan, 'We are modestly lowering our estimates for 3Q24 earnings'

October 3, 2024 8:35 AM EDT

JPMorgan analyst Ryan Brinkman raised the price target on Tesla (NASDAQ: TSLA) to $130.00 (from $115.00) while maintaining a Underweight rating.

The analyst comments "We are modestly lowering our estimates for 3Q24 earnings (to EPS of $0.60 from $0.64 prior), primarily on account of 3Q deliveries of 462,890, which tracked -4.4% less than the... More