Wall Street analyst updates Tesla stock price target

Tesla (NASDAQ: TSLA) has received a fresh vote of confidence from Wall Street, with Wedbush reiterating its bullish stance on the stock.In this vein, analyst Daniel Ives maintained an ‘Outperform’ rating and a $600 price target. The valuation implies an upside of almost 60% from TSLA’s press-time price of $382.TSLA one-week stock price chart. Source: FinboldThe reaffirmed outlook comes as Tesla sharpens its focus on artificial intelligence and in-house chip production. Central to this strategy is the planne ...