Is Tesla Stock Going to $230? 1 Wall Street Analyst Thinks So.
Even after a sharp recovery in recent weeks, (NASDAQ: TSLA) stock has had a rough run this year. But one analyst thinks the odds are good that the latest move higher can continue. Cantor Fitzgerald analyst Andres Sheppard just began coverage on the leading electric vehicle (EV) maker with a recommendation to buy Tesla stock.
The lead equity research technology analyst at Cantor offered a range of possible scenarios and resulting stock prices, but he thinks the most likely outcome from Tesla's business plans will result in a stock price of $230. That would represent a 27% gain from Tesla's closing price on Friday.
Source Fool.com
Tesla Inc Stock
€164.04
-0.680%
Our community is currently high on Tesla Inc with 55 Buy predictions and 26 Sell predictions.
With a target price of 248 € there is a hugely positive potential of 51.18% for Tesla Inc compared to the current price of 164.04 €.
