Barclays Raises Tesla's Price Target to $350, Highlights Tariff Benefits

Reported 2 days ago

Barclays has raised Tesla's (TSLA) price target from $275 to $350, noting that the company is advantaged by U.S. tariff changes since all its vehicles sold domestically are produced in the country. Although they expect a strong Q3 earnings boost due to gross margins and sales volume, the firm remains cautiously neutral about the stock's fundamentals amid a fluctuating market environment.

Source: YAHOO

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