Tesla Earnings Disappointed. Why Analysts Are Raising Their Price Targets. – Barrons

Tesla stock was falling Thursday, a day after reporting better-than-expected fourth-quarter earnings—a sign that the numbers still managed to disappoint investors. Wall Street analysts, however, seemed far from disappointed, as a handful of raised their price targets for Tesla stock.

Rising target prices, however, might not be good enough to boost shares in the short run.

Tesla…

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