Investment bank Piper Sandler has hiked its Tesla share price target by a whopping 59% to $500 in a fresh note released earlier today. In its note, the bank warns that Tesla might face some headwinds during the first half of this year but insists that the firm is still its top Buy and Hold idea. Tesla’s shares enter 2025 after a mixed bag of performance in 2024. Last year, the downturn in the electric vehicle industry stemming from high rates and inflation translated into poor performance for Tesla’s shares up until the November election. After the election, the shares […]
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