Wedbush Maintains Outperform on Tesla, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an Outperform rating on Tesla (NASDAQ:TSLA) and increased the price target from $310 to $350, indicating a positive outlook on the company's stock.
December 22, 2023 | 12:16 pm
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Wedbush analyst Daniel Ives reaffirmed an Outperform rating on Tesla and raised the price target to $350, suggesting confidence in Tesla's future performance.
The increase in price target by a reputable analyst like Daniel Ives typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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