Tesla TSLA Price Target Raised To $2,322 By Piper Sandler

Tesla TSLA Price Target Raised To $2,322 By Piper Sandler

On July 13th, Piper Sandler raises Tesla (NASDAQ: TSLA) price target to $2,322 per share from $939. In the recent release note, the analyst highlighted "It's hard to see how competitors can catch up; Tesla's own capacity is the biggest constraint to share gains" Also inside the same note, "Software, the reason why mid-20s operation margin is possible."

Piper Sandler analyst thinks Tesla's original 2020 delivery guidance of 500K+ units might still be in play.   

 

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