1 Wall Street Analyst Thinks Tesla Stock Is Going to $515. Is It a Buy?

Enough has recently changed for Tesla (NASDAQ: TSLA) that one prominent Wall Street analyst just raised his price target on the stock by $115. Wedbush analyst Dan Ives now thinks Tesla stock could trade for $515 per share. That's a new high among Wall Street analysts, and it only represents Ives' base case.In his most bullish scenario, Ives sees Tesla shares being worth as much as $650, according to Barron's. Tesla shares have soared 84% since the U.S. election, but Ives thinks there's still over 10% upside from where the stock trades as of this writing, even in his base case.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool