Tesla (TSLA) stock gets higher price target from Stifel

Tesla (NASDAQ:TSLA) has received a higher price target from American investment bank and financial services company Stifel. 

The firm also maintained its “Buy” rating for TSLA shares.

Stifel’s take:

  • Following the release of Tesla’s Q4 and FY 2024 delivery results, Stifel analyst Stephen Gengaro reiterated a “Buy” rating and $411 price target for Tesla stock, as noted in a StreetInsider report. 
  • As noted in a report from Investing.com, Stifel has now raised its price target for Tesla from $411 to $492 per share.

The reasons:

  • The Stifel analysts cited a number of factors behind their recent Tesla price target adjustment, such as the…

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