tiprankstipranks
Tesla price target raised to $373 from $351 at Truist
The Fly

Tesla price target raised to $373 from $351 at Truist

Truist raised the firm’s price target on Tesla (TSLA) to $373 from $351 but keeps a Hold rating on the shares. The company’s Q4 results saw average selling price weakness driving underperformance in margins and earnings, and while CEO Musk played the role of cheerleader, the management was “remarkably short” on two critical details – info about new vehicles in 2025 and the milestones for AI achievements, especially FSD, the analyst tells investors in a research note.

Invest with Confidence:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App