Tesla Target Raised to $1,400. EV Maker Seen Owning Big Chunk of Revolution – Barrons

Tesla‘s price target was raised to $1,400 at Wedbush, with analysts saying that the electric-vehicle “revolution” presents a $5 trillion market opportunity “over the next decade with Tesla leading the way.’

Tesla (ticker: TSLA) shares were up about 0.9% on Friday morning, trading at about $1,106. The S&P 500 was up 0.1% and the Dow Jones Industrial Average had fallen 0.5%. Tesla stock has gained 3% over the past five days and nearly 23% over the past month.

Wedbush…

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