Analyst revises Tesla stock price target as ‘clearer path to FSD’ emerges
Brokerage firm Stifel has raised Tesla’s (NASDAQ: TSLA) share price target by approximately 43%, citing confidence in the company’s advancements in autonomous driving technology.
This comes as Tesla aims to reclaim the $350 mark amid the ongoing post-election rally. At the close of trading on November 29, TSLA was valued at $345.13, ending the day up 3.6%.
The electric vehicle (EV) manufacturer extended its strength in the December 2 pre-market session, up 1.4%, trading at $350.
Back to Stifel’s outlook, the firm has increased Tesla’s price target to $411 from the previous $287 while maintaining a ‘Buy’ rating. The analysts highlighted a ‘clearer path’…
