Tesla Finally Gets An 'Outperform' Rating From Long-Term Bull Wedbush, With A Higher Price Target

Published Apr 05 2021 at 2:10 AM GMT
Key
Points
  • Tesla Inc (NASDAQ: TSLA) analyst Daniel Ives has upgraded his rating on the company for the first time to Outperform and added the automaker to his top picks.
  • The Tesla Analyst: Ives upgraded the company to Outperform from Neutral and upped the price target from $950 to $1,000.
  • Ives has a long-term bull case target of $1,300 on Tesla.
  • The Tesla Thesis: Ives said that the delivery numbers released on Friday are a “paradigm changer” and indicate that there is a “pent-up demand” worldwide for Tesla’s Model 3/Y.




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  • Published Apr 5, 2021 2:10 AM GMT