1 Wall Street Analyst Thinks Tesla Stock Is Going to $515. Is It a Buy?
Tesla(TSLA) The Motley Fool·2024-12-18 09:00
Enough has recently changed for Tesla (TSLA 3.64%) that one prominent Wall Street analyst just raised his price target on the stock by $115. Wedbush analyst Dan Ives now thinks Tesla stock could trade for $515 per share. That's a new high among Wall Street analysts, and it only represents Ives' base case.In his most bullish scenario, Ives sees Tesla shares being worth as much as $650, according to Barron's. Tesla shares have soared 84% since the U.S. election, but Ives thinks there's still over 10% upside f ...