Wedbush Analyst Reiterates Buy Rating on Tesla, TSLA
Daniel Ives analyst at Wedbush reiterates coverage on Tesla (TSLA) in the Consumer Goods sector with a Buy rating. TipRanks.com has Ives rated as a 4.8 star analyst with a 52% return on investment and a 14.4% success rate. Ives has set a price target of $ 1400.
TipRanks.com reports that Tesla currently has 28 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $975.39. The target pricing ranges from a high forecast of $1,500 down to a low forecast of $67.00. Tesla (TSLA)’s last closing price was $$769.59 which would put the average price target at 26.74% upside.
In addition, TradingView issued a Sell rating for TSLA over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on TSLA.
Other analysts covering TSLA include:
- Colin Langan of Wells Fargo issued a Hold rating with the price target of $ 900 on 2 days ago
- Adam Jonas of Morgan Stanley issued a Buy rating with the price target of $ 1300 on 4 days ago
- Adrian Yanoshik of Berenberg Bank issued a Hold rating with the price target of $ 900 on 4 days ago
- Garrett Nelson of CFRA issued a Buy rating with the price target of $ 1350 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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