Although numerous Wall Road analysts reduce their rate targets on
Tesla
shares immediately after a disappointing earnings report, Cathie Wood’s ARK Spend went a various path.
It is nearly a Rite of Spring. On Thursday, ARK lifted its price focus on for Tesla (ticker: TSLA) from $1,533 (right after the stock’s 3:1 split) to $2,000 a share. The typical analysts’ rate goal for Tesla next its initially-quarter benefits, documented Wednesday, sits at about $192, in accordance to FactSet, down about $10 above the earlier pair of times. ARK’s target, which is more than 10 moments better than the Street’s range, is for 2027.
Although numerous Wall Road analysts reduce their rate targets on
Tesla
shares immediately after a disappointing earnings report, Cathie Wood’s ARK Spend went a various path.
It is nearly a Rite of Spring. On Thursday, ARK lifted its price focus on for Tesla (ticker: TSLA) from $1,533 (right after the stock’s 3:1 split) to $2,000 a share. The typical analysts’ rate goal for Tesla next its initially-quarter benefits, documented Wednesday, sits at about $192, in accordance to FactSet, down about $10 above the earlier pair of times. ARK’s target, which is more than 10 moments better than the Street’s range, is for 2027.
