Tesla Inc (TSLA)

[Scumbag Fraudsters]

When? From who?

Targets are useless without more information, as there are always many targets from many analysts.

In July, UBS analyst Patrick Hummel downgraded from Buy to Neutral to $270 and raised the price target from $220 to $270.

In July, Deutsche Bank analyst Emmanuel Rosner maintained Tesla with a Buy and raised the price target from $260 to $270.

That means they expect Tesla to hit $270 in July 2024.

That doesn't bode well for the people calling for $300, and rebuts the arguments of those bitching about MMs keeping it down.

Q: What is the target price for Tesla (TSLA)?

A: The latest price target for Tesla (NASDAQ: TSLA) was reported by Guggenheim on August 30, 2023. The analyst firm set a price target for $125.00 expecting TSLA to fall to within 12 months (a possible -50.38% downside). 100 analyst firms have reported ratings in the last year.

On September 6, 2023, Tesla’s stock (TSLA) opened at $256.49. This followed several recent comments from research analysts regarding the company’s performance and prospects.

Truist Financial, for example, raised their price objective on Tesla from $240.00 to $254.00 and assigned a “hold” rating to the stock in a research note published on July 20th. StockNews.com also initiated coverage on Tesla with a “hold” rating on August 17th. Similarly, The Goldman Sachs Group increased their price objective on the stock from $248.00 to $275.00 and labeled it as “neutral” on July 3rd.

Contrarily, JPMorgan Chase & Co. raised concerns and lowered their price objective for Tesla to $120.00 from $115.00, assigning the stock an “underweight” rating in their July 3rd research note. Nonetheless, Mizuho expressed optimism by raising their price target on Tesla to $330.00 from $300.00 in another research note published on July 20th.

According to Bloomberg.com, there is currently a consensus rating of “hold” for Tesla with a consensus price target of $233.77 cited by multiple equities research analysts who cover the company.

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