After Deutsche Bank and Goldman Sachs gave Tesla (NASDAQ: TSLA) a Buy rating last month, the company received another Buy, this time from Mizuho Securities. Analyst Vijay Rakesh reiterated a Buy rating on Tesla today and set a price target of $1300.00. The company's shares closed last Wednesday at $937.41. According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 27.2% and a 67.4% success rate. Rakesh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Allegro MicroSystems, and NXP Semiconductors. Currently, the analyst consensus on Tesla is a Moderate Buy with an average price target of $1076.62, representing a 13.0% upside.
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