Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit

Canaccord Genuity reaffirmed its price target of $404 for Tesla after a visit to Gigafactory Texas. The investment firm sees an optimistic future for Tesla in the long term despite near-term headwinds. Canaccord analysts reiterated its “Buy” rating for TSLA stock and revised Tesla’s Q1 2025 delivery estimates from ~331,000 vehicles to ~362,000 units. The … Continue reading Canaccord reaffirms Tesla’s price target of $404 after Giga Texas visit