'By Tesla': Barclays after Musk calls Tesla-SpaceX merger a ‘good idea’
Barclays has upgraded Tesla's shares from Equal Weight to Overweight, raising the price target to $450. This upgrade indicates an expected 21% upside from Tesla's recent closing price. Analyst Dan Levy cited potential improvements in Tesla's operations and a possible merger with SpaceX as driving factors. Musk discussed the merger possibility on a recent SpaceX earnings...
Key Takeaways
- Barclays has upgraded Tesla's shares from Equal Weight to Overweight, raising the price target to $450.
- This upgrade indicates an expected 21% upside from Tesla's recent closing price.
- Analyst Dan Levy cited potential improvements in Tesla's operations and a possible merger with SpaceX as driving factors.
Barclays has upgraded Tesla's shares from Equal Weight to Overweight, raising the price target to $450. This upgrade indicates an expected 21% upside from Tesla's recent closing price. Analyst Dan Levy cited potential improvements in Tesla's operations and a possible merger with SpaceX as driving factors. Musk discussed the merger possibility on a recent SpaceX earnings call, prompting positive investor sentiment.
Original Publisher Attribution
This summary was curated from Times of India.