Tesla (TSLA) Stock Price Target Update Shows Optimism Amid Deliveries Miss
Monday, 6 January 2025, 14:55
Tesla Stock Price Target Sees Upward Revisions
The latest updates on Tesla (TSLA) stock price targets reveal a prevailing optimism among analysts following a recent report showing an annual decrease in deliveries. Early in 2025, Tesla's disappointing delivery report struck a concern among shareholders, yet the majority predict favorable price movements.
Analyst Perspectives on TSLA
- Stephen Gengaro of Stifel raised the price target to $492 from $411.
- Other firms, including RBC Capital and Deutsche Bank, confirmed a 'buy' rating despite delivery reductions.
- Some analysts, like those from Jefferies and JPMorgan, hold mixed views on the stock.
Despite challenges, TSLA shares have demonstrated considerable growth, achieving a 75.75% increase over the past year. As of January 6, investors remain optimistic about moving forward with Tesla investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.