Analyst revises TSLA share price as Tesla looks like Elon Musk's ‘proxy'
Tesla(TSLA) Finbold·2024-11-14 15:24
A Wall Street analyst has revised Tesla’s (NASDAQ: TSLA) stock price target upward by over 50% as TSLA shares rally in line with optimism surrounding Donald Trump’s election.Jefferies analyst Philippe Houchois raised the stock target from $195 to $300 while maintaining a ‘Hold’ rating in an investor note to clients on November 14.According to Houchois, the update highlights the optimism around Tesla’s growth across its various ventures, spurred by post-election expectations of deregulation under the Trump a ...