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Tesla Gets Lofty $1,200 Price Target as ‘Fireworks’ Not Over
Bloomberg 2/1/2021 Esha Dey
(Bloomberg) Last year’s gains in Tesla Inc. are far from over as the company consolidates its leadership position in the EV industry in multi-trillion dollar markets, one Wall Street analyst said on Monday.
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Piper Sandler’s Alexander Potter more than doubled his price target on the electric vehicle maker to $1,200 from $515, the latest in a string of similar moves by several analysts, who expect the Elon Musk-led company to grow aggressively. Potter’s target is now the highest among the more than 40 analysts who cover the stock, according to Bloomberg data.
Tesla gets lofty US$1,200 price target as fireworks not over
Esha Dey, Bloomberg News VIDEO SIGN OUT
Last yearâs gains in Tesla Inc. are far from over as the company consolidates its leadership position in the EV industry in multi-trillion dollar markets, one Wall Street analyst said on Monday.
Piper Sandlerâs Alexander Potter more than doubled his price target on the electric vehicle maker to US$1,200 from US$515, the latest in a string of similar moves by several analysts, who expect the Elon Musk-led company to grow aggressively. Potterâs target is now the highest among the more than 40 analysts who cover the stock, according to Bloomberg data.
Tesla Gets Lofty $1,200 Price Target as ‘Fireworks’ Not Over
Bloomberg 2/1/2021 Esha Dey
(Bloomberg) Last year’s gains in Tesla Inc. are far from over as the company consolidates its leadership position in the EV industry in multi-trillion dollar markets, one Wall Street analyst said on Monday.
Popular Searches
Piper Sandler’s Alexander Potter more than doubled his price target on the electric vehicle maker to $1,200 from $515, the latest in a string of similar moves by several analysts, who expect the Elon Musk-led company to grow aggressively. Potter’s target is now the highest among the more than 40 analysts who cover the stock, according to Bloomberg data.
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Investors who missed out on the searing rally in Tesla Inc. shares last year needn’t worry, as one Wall Street analyst on Monday said the “fireworks aren’t over,” with the company targeting multi-trillion dollar markets.
Piper Sandler’s Alexander Potter more than doubled his price target on the electric vehicle maker to a Street-high of US$1,200 from US$515, the latest in a string of similar moves by several analysts, who expect the Elon Musk-led company to grow aggressively and maintain its leadership position in the EV industry.
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