BlockBeats news, October 26: Barclays raised Tesla's (TSLA) 12-month price target from $370 to $450 and upgraded its stock rating from 'Equal Weight' to 'Overweight,' with the new target representing an increase of approximately 21.6% compared to the previous one.
Barclays analysts believe that improved growth prospects for Tesla's core automotive business, signs of a turning point in its Robotaxi operations, and strong demand for its energy storage business are all expected to support the company's valuation. Additionally, expectations of a potential merger between Tesla and SpaceX could also bring a valuation premium. However, the final outcome of such a merger remains uncertain.
Barclays raised Tesla's price target from $370 to $450 and upgraded its rating to "Overweight"
2026-10-26 10:54:32
Share
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/en/aboutusArticle Link:https://www.mytokencap.com/en/choicenews/3617798.html
More exciting content is available on
X(https://x.com/MyTokencap)or join the community to learn more:MyToken-English Telegram Group
（https://t.me/mytokenGroup）
X(https://x.com/MyTokencap)or join the community to learn more:MyToken-English Telegram Group
（https://t.me/mytokenGroup）