HSBC Boosts Tesla Stock (TSLA) Price Target, Benchmark Stays Bullish Ahead of Q3 Deliveries

Electric vehicle (EV) maker Tesla (TSLA) is expected to announce its third-quarter deliveries on Thursday. Heading into the key update, HSBC analyst Michael Tyndall increased his price target for TSLA stock to $127 from $120 but maintained a Sell rating. Meanwhile, Benchmark analyst Mickey Legg reiterated a Buy rating with a price target of $475. Let’s look at the views of these analysts on TSLA stock.

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HSBC Weighs in on Tesla’s Q3 Deliveries

Tyndall noted that based on high-frequency data (daily and weekly run rates in China and…

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