TESLA PRICE TARGET DOUBLED AND WEDBUSH PREDICT PROFITABLE QUARTER! | TSLA STOCK NEWS
Tesla received a price target upgrade from Credit Suisse as they increased their projection from $700 to $1400 per share. They believe the stock is "priced to perfection" and any negative news will send the stock lower.
Wedbush analysts expect Tesla to post a profit in their Q2 earnings report as they believe the 90,650 delivered units are sufficient. The FactSet analyst consensus for estimated revenue is $5.15 billion and $0.14 loss per share.
Tesla are scheduled to post earnings on July 22nd 2020 after-hours.