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Tesla stock analysts resist harsh market reality
- thinkmcfly 4y ago$100 before the end of the year
- ggoo 4y agoDon’t get my hopes up
- qikInNdOutReply 4y agoAll the USP are gone, even EM moved on.
- avbanks 4y ago"The big picture: The fact that analysts still think Tesla should be worth $290 a share — 70% above the current market price of $170 — reflects the difficulty the market is having in adjusting to the new reality of higher interest rates." Don't analyst price targets come with a timeframe? If an analyst is predicting a 290 price target 1 year from now, what good is it to compare the current price. Unfortunately the Bloomberg article linked is paywalled.