TTD Cowen TTesla · TSLA
TD Cowen Reiterates Buy on Tesla, $490 Price Target
Rating
Buy
Price target
$490
Previous
—
Implied upside
+29%
TD Cowen analyst Itay Michaeli reiterated a Buy rating and $490.00 price target on Tesla (NASDAQ: TSLA).
“Tesla Q2 Delivery Preview: Staying AboveConsensus & See Upside Potential; Our Tesla Q2 vehicle delivery estimate of 418k units remains above the 406k consensus.
While the final days/weeks of the month can materially sway the outcome (June can be ~48% of Q2), recent data and our predictive model suggest upside potential towards a mid-400k delivery outcome.
A Q2 delivery beat could boost NT sentiment post the recent pullback, while supporting our US EV thesis.”
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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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