Tesla stock has seen a significant upgrade as ROTH MKM Senior Research Analyst Craig Irwin has raised his rating from Neutral to Buy and increased his price target from $85 to $380 per share. In an interview, Irwin shared his bullish perspective on the electric vehicle manufacturer, citing increased investor enthusiasm since the recent election.
According to Irwin, this quarter marks a turning point for Tesla as public perception dramatically shifts. He believes that investors are now looking at Tesla in a more positive light, driven by Elon Musk’s charm and the company’s promising growth drivers. Specifically, Irwin is excited about Tesla’s AI and robotics segments, which he sees as key areas of expansion.
Irwin identifies an abundance of positive catalysts for Tesla, with relatively few negative ones. He notes that his forecast is centered on increased market share and sales, making him optimistic about the company’s future prospects.
Source: https://finance.yahoo.com/video/tesla-abundant-list-positives-few-160652085.html