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Bank of America: Lowered Tesla Price Target to $700

智通财经APP2021-05-21

Bank of America analyst John Murphy lowered his Tesla (TSLA.US) price target to $700 from $900. He said that the target price of $700 is based on the forecast ratio of enterprise value to sales and the ratio of enterprise value to EBITDA, with forecast values of 15X and 89X respectively. Murphy believes that Tesla (TSLA.US) wants to increase production at its Fremont and Gigafactories factories, but the company may not be able to easily raise low-cost capital through the stock market to support its expanded capacity at this time, and he also...

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Comment5

  • SquareGuy
    ·2021-05-23
    Our beloved Cathie targets 4000 ? Hoping it will reach 50pc ...enough for me
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  • Youn7276
    ·2021-05-23
    應該還要低。
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  • RolyPoly
    ·2021-05-21
    $TSLA$ is an overvalued stock.
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  • Modi
    ·2021-05-21
    $特斯拉(TSLA)$2021 target price ?  Peak : 730
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    • Sochkio
      [笑哭]
      2021-05-22
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  • 语林堂
    ·2021-05-21
    看到700我放心了
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