Search
On November 18th, during the U.S. stock trading session, Tesla's stock price witnessed a notable 3.7% uptick. Earlier, analysts from Stifel and TD Cowen had taken note of Tesla's groundbreaking strides in autonomous driving products, specifically highlighting its Full Self-Driving (FSD) initiative and robotaxi venture.
Stephen Gengaro, an analyst at Stifel, revised Tesla's target price upwards, from $483 to $508. This adjustment was made in light of Tesla's significant progress in full self-driving and robotaxi technologies. He reaffirmed a "buy" recommendation for the stock. The newly set target price implies a potential 26% increase from the most recent closing price.
Similarly, TD Cowen continued to endorse Tesla with a "buy" rating. Their analyst team established a target price of $509 for the stock.
-
C114 Communication Network -
Communication Home
