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Benzinga
153 days

Tesla Analyst Turns Bullish Following Factory Visit, Sees Multiple Catalysts Driving EV Stock To $425

1. Cantor Fitzgerald upgraded TSLA from Neutral to Overweight after a factory visit. 2. Analyst maintains a price target of $425 with expected future catalysts. 3. Challenges include lower demand in Europe and competition in China. 4. Revenue estimates for 2025 and 2026 were lowered, affecting TSLA's projections. 5. A mild first quarter is anticipated due to external market pressures.

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FAQ

Why Bullish?

Cantor Fitzgerald’s upgrade signifies positive sentiment despite acknowledged near-term challenges.

How important is it?

The upgrade and price target reflect substantial analyst confidence in TSLA's recovery potential.

Why Short Term?

Immediate catalysts, like the Robotaxi and Full Self-Driving rollouts, can influence TSLA's price soon.

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