Wall Street Has a New Big Bull on Tesla

(Bloomberg) — Tesla Inc.’s potential success in energy generation and storage will be the next big thing to fuel the rally that’s already pushed the stock to more than $858, analysts at Piper Sandler Cos. said as they increased their price target by more than 27%.Piper raised its target to $928 from $729, making it the most bullish among forecasters tracked by Bloomberg. The stock has more than doubled in the past four months and closed at $858.40 on Tuesday, near the record $887.06 reached earlier this month.“It’s easy to forget that TSLA sells batteries and solar power products; after …read more

Source:: Yahoo Finance

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