Goldman Sachs Analyst Maintains Buy Rating on Tesla Stock, Price Target Raised to $925

TechWeb2020-05-31

Original title:Goldman SachsAnalysts MaintainTeslaBuy rating on stock price target raised to $925 Source: TechWeb.com.cn

[TechWeb] May 31st news, according to foreign media reports, as Tesla's two major factories in the United States have resumed normal operations one after another, analysts are also optimistic about Tesla's future performance expectations, and many analysts have raised the target price of Tesla stock.

The newly raised the target price of Tesla stock was Goldman Sachs analyst Mark Delaney (Mark Delaney). He maintained a buy rating on Tesla stock and raised the target price of Tesla stock from the previous $864. raised to $925.

At the close of the U.S. stock market on Friday local time, Tesla's stock price was $835, and Mark Delaney's target price of $925 was $90 higher, which means that in his view, Tesla stock still has more than 10% room to rise.

Mark Delaney is not the only analyst optimistic about Tesla's future performance. JMP Securities analyst Joseph Osha (Joseph Osha) also maintained a buy rating on Tesla stock. He gave 1001 The target price of US $is the highest among the current Tesla price targets given by analysts.

Analysts raised the target price of Tesla's stock mainly because the Fremont electric vehicle assembly plant and the super battery factory in Nevada have resumed normal operations after nearly two months of suspension, and the production of electric vehicles has also gradually recovered. Tesla has also shortened the estimated delivery time of electric vehicles in the U.S. market many times. Tesla's performance will also gradually recover, but it will still be affected in the second quarter.

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  • Modi
    2020-05-31
    Modi
    925, 1001
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