RRBC Capital TTesla · TSLA
RBC Capital Lifts Tesla’s Price Target to $325
Rating
Buy
Price target
$325
Previous
$319
Implied upside
+3%
RBC Capital analyst Tom Narayan raised the price target on Tesla to $325 (from $319) while maintaining a Outperform rating.
“Should Tesla be successful on all of its goals, its valuation could far exceed even current levels.
The Austin robotaxi launch has been better than many feared and the company is looking to expand in more cities.
Regulatory hurdles remain, however.
Further, we expect the end of IRA credits and high levels of used EV inventory to pressure the auto business for the next several quarters.”
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The price target and rating on this page are the opinion of the issuing research firm and its analyst, not of Price Target. This page is published for informational purposes only and is not investment advice, a recommendation, or an offer to buy or sell any security. Past performance does not guarantee future results. Consider your own circumstances and consult a licensed financial adviser before making investment decisions.
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