Canaccord Genuity Maintains Buy Rating for Tesla: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Canaccord Genuity has maintained its Buy rating for Tesla (NASDAQ:TSLA) and increased its price target from $257.00 to $293.00. Tesla's shares are currently trading up 6.18% at $277.96 per share. A move to $293.00 would represent a 5.41% increase from the current share price.
July 03, 2023 | 5:01 pm
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Canaccord Genuity has maintained its Buy rating for Tesla and raised its price target, indicating positive sentiment towards the stock.
The maintained Buy rating and increased price target by Canaccord Genuity indicates their positive outlook for Tesla. This could potentially attract more investors, driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100