Tesla Bull Case Price Target Raised to $1,000 by Wedbush
If all goes to plan for Tesla, shares will reach the $1,000 mark in the next 18-24 months, according to Wedbush analyst Dan Ives.
Controversial Trucking Company Nikola Scores Bullish Call from Wall Street
Nikola, the auto company with a $23 billion valuation and zero revenue, has won over a new bull on Wall Street. Cowen’s Jeffrey Osborne initiated coverage of Nikola with an OUTPERFORM rating and a price target of $79. The PT is based on 2025 sales.
Tesla Bull Case at $1,350 a Share: Wedbush
The opening of the Fremont factory and the strengthening of Model 3 demand out of China are key catalysts that can push Tesla’s stock to $1,350, according to Wedbush Securities. The firm’s analyst Dan Ives lifted his bull case scenario price target by 35%, up from $1,000. The firm raised its base case price target to $800 from $600, and maintained a NEUTRAL rating.