Wedbush: Tesla Stock Has Double-Digit Upside, But Don't Buy TSLA
Tesla (TSLA, $845.00) stock has the potential to reach $950 per share, says Wedbush analyst Daniel Ives.
But he still doesn’t think you should buy it.
Tesla shares jumped at Friday’s opening but soon cooled off, perhaps influenced by Ives slapping a Street-high price target on TSLA stock without raising his recommendation.
Ives hiked his surging deliveries in China. At the same time, however, Ives stood pat on his Neutral rating, which is essentially the same as a Hold call.
