RBC Capital Maintains Outperform on Tesla, Raises Price Target to $249
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains an Outperform rating on Tesla and raises the price target from $236 to $249.
October 24, 2024 | 5:26 pm
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POSITIVE IMPACT
RBC Capital has maintained its Outperform rating on Tesla and increased the price target from $236 to $249, indicating a positive outlook.
The increase in the price target from $236 to $249 by RBC Capital suggests a positive outlook for Tesla's stock, likely leading to a short-term price increase. The Outperform rating indicates confidence in Tesla's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100