Reported about 6 hours ago
Analysts at Piper Sandler have named Tesla as their “top buy-and-hold” stock, raising the price target from $315 to $500, citing potential growth from new-age opportunities like the Optimus humanoid robot. Despite a strong performance, they caution that the outlook remains uncertain regarding vehicle deliveries, with expectations to increase from 1.79 million in 2024 to 1.96 million in 2025, contingent on Tesla maintaining product launches.
Source: YAHOO