Tesla's stock price surpasses analyst target, prompting reevaluation by analysts

From Nasdaq: 2024-05-31 06:54:47

Shares of Tesla Inc have risen above the average analyst target price of $176.45, now at $178.79/share. Analysts may either downgrade or raise their target based on stock performance and business developments. The average target is influenced by 33 analysts, with targets ranging from $22.86 to $310.00, and a standard deviation of $63.586.

Investors use the average target price to assess the stock’s potential. With Tesla crossing above $176.45/share, it prompts reevaluation. Analyst ratings show 8 strong buys, 6 strong sells, and an average rating of 2.81. Data is from Zacks Investment Research via Quandl.com. Access the latest research report on TSLA for free.



Read more at Nasdaq: Tesla Reaches Analyst Target Price