Elon Musk's Tesla races ahead of rising costs with price hikes
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Tesla (TSLA) PT Raised to $1,350 at CFRA
April 21, 2022 6:18 AM EDTCFRA analyst Garrett Nelson raised the price target on Tesla (NASDAQ: TSLA) to $1,350.00 (from $1,300.00) while maintaining a Buy rating.
Raises adjusted EPS estimates by $1.30 to $11.75 for '22, by $1.55 to $14.00 for '23, and by $0.80 to $15.25 for '24.... MoreGoldman Sachs Reiterates Buy Rating on Tesla (TSLA), 'we believe Tesla has the opportunity to expand its industry leading margins'
April 21, 2022 3:48 AM EDTGoldman Sachs analyst Mark Delaney reiterated a Buy rating and $1,200.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Tesla reported revenue/non-GAAP EPS (excluding SBC) of $18.8 bn/$3.22, which was 5%/$0.96 above the Street (FactSet). Tesla reported non-GAAP automotive gross margin (excluding regulatory credits) of 30.0%, which was an all time high. Tesla... More
