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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POSITIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100