TSLA Stock: $820 Target (Up From $775) By Mizuho

By Amit Chowdhry ● April 20, 2021
  • The shares of Tesla Inc (NASDAQ: TSLA) have received a price target increase from $775 to $820 by Mizuho. These are the details.

The shares of Tesla Inc (NASDAQ: TSLA) have received a price target increase from $775 to $820 by Mizuho. And Mizuho analyst Vijay Rakesh had reiterated a “Buy” rating on the company shares ahead of the company’s first quarter results on April 26.

Rakesh also continued to see Tesla and NIO as well-positioned in a secular EV market as legacy car manufacturers are struggling “to balance portfolios between legacy combustion engine and EVs.” Plus Rakesh believes that the first quarter was a strong start to 2021. And Tesla’s 2021 has been off to a good start as March quarter deliveries could point to higher annual volumes.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.