Tesla Stock: Headed to $1,071?

Tesla Stock: Headed to $1,071?
Daniel Sparks, The Motley Fool
·3 min read

Shares of Tesla (NASDAQ: TSLA) popped on Monday, rising nearly 4% as of 1:05 p.m. EDT. Canaccord Genuity analyst Jed Dorsheimer now thinks the electric-car maker's shares could rise to $1,071 within the next 12 months. Dorsheimer more than doubled his price target for Tesla, increasing it from $419 to $1,071.