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.