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Wall Street Analysts Are Catching Up to Tesla Stock's Climb With Deliveries Data Coming

1. Tesla shares rose 27% this month amid AI and robotaxi optimism. 2. Wedbush raised TSLA target to $600, citing an accelerated AI path. 3. Deutsche Bank increased its target to $435, expecting strong Q3 deliveries. 4. Analysts are optimistic about Musk's focus on AI over traditional EV sales. 5. Investor sentiment may shift back to delivery figures due next week.

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FAQ

Why Bullish?

Analysts' improved price targets reflect strong investor sentiment and growth optimism, similar to past performance spikes after positive earnings reports.

How important is it?

The article highlights significant analyst upgrades and sentiment shifts, which are critical for TSLA stock movements.

Why Short Term?

Immediate focus on upcoming Q3 deliveries could shift sentiment; past quarterly results have significantly impacted TSLA stock.

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