Ifeng.com Hong Kong stocksJefferiesAnalyst Philippe Houchois willTesla(TSLA) was upgraded to buy from hold, raising its price target to $850 from $700. Analysts and teams are generally positive about its OME's ability to improve profit margins through less and better capital allocation. For Tesla, the analysis team saw an acceleration in the earnings/ROIC leverage ratio and the capital benchmark used, so it raised Tesla's earnings per share in 2022 to $7.44 from the previous $6.28, with the consensus EPS estimate of $7.19. Raised its 2021-22 GAAP EBIT estimate by 17% under higher gross margin assumptions.Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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