UNO reverse, that is what this feels like! In this case, that means we analyze the analysts. This is the 4th edition of our Tesla analyst report cards, based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat, and other research).
This is the third edition of our Tesla analyst report cards based on where their TSLA price targets and sell/hold/buy advice would lead you (based on information from tools like tipranks, marketbeat and other research).
Jefferies just came pretty close to doubling its price target on Tesla, CNBC has reported. Analyst Philippe Houchois raised Tesla’s price target to what is known as a “Street high.” This number is $1,200 and it is a jump from the previous target of $650. The belief is that COVID-19, the disease that many thought was going to harm Tesla and its stock, did the opposite. It accelerated the transition to EVs and renewables.
This is the most in-depth guide on the internet on Tesla [TSLA] stock analysts on Wall Street and beyond.
An analyst for Jefferies by the name of Philippe Houchois has warned that Tesla’s stock is highly overvalued, and that the company may end up rising far longer to achieve “profitability” than is commonly supposed.
