JMP Securities on Monday boosted its Tesla price target to $1,500, the most bullish goal on Wall Street.
Stocks of Tesla surged as much as 11%, to a all-time high of $1,342.
The target cost is according to a trajectory of Tesla getting a company with $100 billion in revenue by 2025. It is 24% higher than where shares of Tesla traded at Thursday’s close.
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Tesla’s epic rally continues to gain steam.
The automaker on Monday surged as much as 11% after Joe Osha, an analyst at JMP Securities, fostered his price target to some Wall Street high of $1,500. That suggests that Tesla could spike another 24. See the rest of the narrative at Business Insider
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