Truist Securities Maintains Hold on Tesla, Raises Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Tesla while raising the price target from $215 to $236, indicating a positive outlook on the stock's potential value.
October 03, 2024 | 2:54 pm
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Truist Securities has maintained a Hold rating on Tesla and increased the price target from $215 to $236, suggesting a positive outlook on the stock's potential value.
The increase in the price target from $215 to $236 by Truist Securities suggests a positive outlook on Tesla's stock, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see a strong buy opportunity at the current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100