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"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 t
by 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.