Institutional research suggests "stock price TSLA forecast" could benefit from anticipated Fed rate cuts later this year, potentially lowering financing costs for consumers, with resistance levels spotted around $ The stock's gain marked a comeback after a fall in the previous session that was linked to data showing a sales decline in Europe. Analysts at Wedbush and Deutsche Bank showed renewed confidence. Wedbush increased its price target to a Street-high of $600 from $500, stating that Tesla was advancing its path toward an "AI Revolution." Deutsche Bank also lifted its price target to $435 from $345 ahead of the company's third-quarter delivery report. Both firms kept their "Buy" ratings. The positive sentiment was further supported by more recent sales data, which showed a strong rebound. For instance, new Model Y registrations in Sweden saw a significant increase compared to the previous month, and the company posted its strongest European registration week of the third quarter. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. The overall consensus on "stock price TSLA forecast" is neutral-to-bullish, with probability-weighted scenarios favoring gradual recovery into the $190–$200 range over the next quarter.
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