Tesla Price Target Raised to $500, Stock Jumps on Analyst Optimism
Tesla's ( TSLA, Financial) stock value rose around 2% at the premarket Tuesday session because the company has maintained strong market gains since last year. Investor optimism about Tesla's AI and robotics potential led analyst Adam Potter from Piper Sandler to raise the company's share price valuation to $500.
The EV maker's shares have formed a new trading range. Something dramatic will need to happen to snap them out of it.
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Tesla's earnings call is today at 5:30 pm ET. TSLA stock heads into the report down 1.4% YTD. Analysts are focused on ...
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