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While several Wall Street analysts minimize their price targets on
Tesla
shares immediately after a disappointing earnings report, Cathie Wood’s ARK Spend went a unique route.
It’s almost a Rite of Spring. On Thursday, ARK lifted its price concentrate on for Tesla (ticker: TSLA) from $1,533 (immediately after the stock’s 3:1 break up) to $2,000 a share. The typical analysts’ cost goal for Tesla pursuing its to start with-quarter success, reported Wednesday, sits at about $192, according to FactSet, down about $10 in excess of the previous couple of times. ARK’s focus on, which is far more than 10 instances increased than the Street’s amount, is for 2027.
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