CLSA upgrades Tesla to Hold; Piper Sandler raises target to $475
CLSA analysts upgraded Tesla shares from Underperform to Hold and raised the firm's price target to $400 from $310, according to a report by Christopher Richter. The move marks the only rating change among recent analyst actions on the electric vehicle maker, while several peers adjusted their valuations without altering their overall stance.
CLSA analysts upgraded Tesla shares from Underperform to Hold and raised the firm's price target to $400 from $310, according to a report by Christopher Richter. The move marks the only rating change among recent analyst actions on the electric vehicle maker, while several peers adjusted their valuations without altering their overall stance.
Piper Sandler's Alexander Potter increased his price target for Tesla from $450 to $475, maintaining an Overweight rating. Mizuho's Vijay Rakesh lifted his target from $450 to $460, keeping an Outperform view. Canaccord's George Gianarikas raised his target from $410 to $442, retaining a Buy recommendation. JPMorgan's Rajat Gupta adjusted his target upward from $415 to $430, maintaining a Neutral rating. UBS's Joseph Spak increased his target from $391 to $425, also keeping a Neutral stance. Morgan Stanley's Andrew Percoco raised his target from $400 to $410, maintaining an Equalweight rating.
Three firms reiterated their existing ratings and price targets without changes. Cantor Fitzgerald's Andres Sheppard maintained an Overweight rating with a $485 target. TD Cowen's Itay Michaeli kept a Buy rating and a $460 target. Goldman Sachs's Mark Delaney retained a Neutral rating with a $360 target.