Is Tesla Stock About to Soar Past $2,000?
Just when it seemed the hype for Tesla (NASDAQ: TSLA) stock today couldn't get any greater, Piper Sandler analyst Alexander Potter more than doubled his 12-month price target for the electric-car maker's stock. The new target is a Street high for Tesla shares, implying about 50% upside.
Potter's optimism for the stock follows an incredible 500% gain for shares over the past 12 months and a 60% boost over the last 30 days alone. Can shares really keep rising over the next year?
Here's a closer look at this analyst's bullish view for Tesla stock -- and what investors should make of it.
Source Fool.com
