RBC Capital Maintains Outperform on Tesla, Raises Price Target to $236
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan has maintained an 'Outperform' rating on Tesla and raised the price target from $224 to $236.
October 08, 2024 | 12:34 pm
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POSITIVE IMPACT
RBC Capital has reaffirmed its 'Outperform' rating on Tesla and increased the price target from $224 to $236, indicating confidence in Tesla's future performance.
The increase in price target from $224 to $236 by RBC Capital suggests a positive outlook on Tesla's stock performance. The 'Outperform' rating indicates that the analyst expects Tesla to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100