Why Tesla Stock Is Climbing Today
Shares of (NASDAQ: TSLA) traded 4% higher today, as of 12:48 p.m. ET. Not only were tech stocks rebounding, but an analyst also issued a new research report on the company Wednesday morning.
Cantor Fitzgerald analyst Andres Sheppard upgraded Tesla from a neutral rating to overweight and maintained his $425 price target. With shares down significantly from just a few months ago, Sheppard sees several "upcoming material catalysts."
Source Fool.com
Tesla Inc Stock
€398.20
-4.440%
Currently there is a rather positive sentiment for Tesla Inc with 106 Buy predictions and 41 Sell predictions.
As a result the target price of 404 € shows a slightly positive potential of 1.46% compared to the current price of 398.2 € for Tesla Inc.
