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Friday, 07/12/2024 11:39:51 AM

Friday, July 12, 2024 11:39:51 AM

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Tesla gets price target upgrade from Citi on EV and AI catalysts

Tesla (NASDAQ: TSLA) has finished positive in 11 of the last 12 trading days on Wall Street, giving Citi a reason to upgrade the stock’s price target based on “catalysts” in both electric vehicle and artificial intelligence sentiments.

Despite a sizeable dropoff on the market yesterday due to the reported delay of the Robotaxi unveiling event, Citi is boosting its price target from $182 to $274, and maintaining a Neutral rating on shares.

https://www.teslarati.com/tesla-tsla-citi-price-target-upgrade/

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