Canaccord Genuity Maintains Buy on Tesla, Raises Price Target to $298
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained its Buy rating on Tesla and increased the price target from $278 to $298, indicating a positive outlook for the company's stock.
October 28, 2024 | 11:47 am
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POSITIVE IMPACT
Canaccord Genuity has maintained its Buy rating on Tesla and increased the price target from $278 to $298, suggesting a positive short-term outlook for the stock.
The increase in the price target from $278 to $298 by Canaccord Genuity reflects a positive sentiment towards Tesla's future performance. This is likely to boost investor confidence and could lead to a short-term increase in Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100