Canaccord analyst George Gianarikas raised the firm’s price target on Tesla (TSLA) to $278 from $254 and keeps a Buy rating on the shares. The firm said ehe quarter was truly solid overall, margins were good much better than expected and a standout for the quarter. They maintained their target for 2024 volume growth, reiterated their promise to offer new vehicles, and introduced preliminary unit volume growth for 2025.
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