Tesla Stock Has a New Top Price Target. The Shares Are Rising.
Portfolio Pulse from
Wedbush analyst Dan Ives has increased the price target for Tesla stock from $400 to $515, maintaining a Buy rating. This has led to a rise in Tesla's share price.
December 16, 2024 | 9:45 am
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POSITIVE IMPACT
Wedbush analyst Dan Ives has raised Tesla's price target to $515 from $400, maintaining a Buy rating. This positive analyst action has contributed to a rise in Tesla's stock price.
The increase in Tesla's price target by a reputable analyst like Dan Ives is a strong positive signal for investors, likely boosting investor confidence and contributing to the rise in Tesla's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100