Tesla Inc (TSLA-Q) Stock Update
Tesla Inc (TSLA-Q) is making headlines once again with the latest analyst ratings. On June 11th, 2024, the top analysts have weighed in on the company’s performance and future prospects.
Alphabet Inc, Evercore ISI has maintained an Outperform rating on the stock and raised the target price to $225 from $220. Bank of America Merrill Lynch also remains bullish on Tesla, maintaining a Buy rating with a target price of $200.
Meanwhile, Nvidia Inc has received positive feedback from Argus Research Company, which raised the target price to $150 from $110 and maintained a Buy rating. Goldman Sachs also increased their target price to $135 from $120, with a Buy rating. Evercore ISI is also optimistic about Nvidia, maintaining an Outperform rating and raising the target price to $145 from $131. Susquehanna International is equally positive, with a raised target price of $1450 from $1200.
On the other hand, Tesla Inc has received a Hold rating from JP Morgan, with a target price of $165. Oracle Inc has also been given a Hold rating by JP Morgan, with a target price of $105. TD Cowen, however, maintains a Buy rating on Oracle with a target price of $145.
In addition to these updates, JP Morgan has initiated coverage on Shopify Inc with an Overweight rating and a target price of $74.
Overall, Tesla Inc continues to be a hot topic among analysts, with varying opinions on its performance and future trajectory. Investors will be closely watching how the company navigates through these assessments and how the stock price responds in the coming days.
Stay tuned for more updates on Tesla Inc and other leading companies in the market.