Tesla Stock Soars Amid Bullish Analyst Targets and Tech Updates
TL;DR Summary
Tesla's stock rose after Bank of America analysts set a $400 price target, significantly above the current average and recent closing prices. The analysts maintained a "buy" rating, citing Tesla's growth potential in areas like EVs, robotaxis, and software. They also suggested Tesla might raise capital to fund these ventures, highlighting the company's efficient capital deployment. Tesla's stock is up about 50% for the year, though still below its 2024 highs.
- Another $400 Price Target Is Lifting Tesla's Stock Today Investopedia
- Tesla stock pops as Giga Austin visit has BofA bullish Yahoo Finance
- Tesla's Path To $400: Bank Of America Highlights EV, AI Growth Benzinga
- Tesla Stock A Buy—Despite ‘Significantly Overvalued’ Core EV Business, Analyst Says Forbes
- Tesla’s stock surges after self-driving software update, new Street-high target MarketWatch
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