Tesla at $2,000 makes a new 'bull case' for the stock, Morgan Stanley says
“Resilient” demand for Tesla Inc. vehicles is making the Silicon Valley car maker appear as a less risky company that is on more solid financial footing than other car makers.
According to FactSet, which surveyed 32 Tesla analysts, the average price target on the stock is $778, with a handful of outliers setting price targets above $1,000. Recently, analyst Dan Ives of Wedbush also set a “bull case scenario” for Tesla shares at $2,000 alongside his price target of $1,250.
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