Here's Why Credit Suisse Upgraded Tesla

January 31, 2022 5:49 AM | 1 min read | Make a Comment

Credit Suisse analyst Dan Levy upgraded Tesla Inc TSLA to Outperform from Neutral with an unchanged price target of $1,025, implying an upside of 21%.
An attractive entry point has emerged in the shares following the recent selloff, Levy notes.
The company is a "one of one," says the analyst, who is "hard-pressed to find a stock that checks all the boxes as Tesla does."
Levy believes Tesla offers an attractive growth story, disruption, and decarbonization.
He notes the stock will recover given the company's "robust fundamentals."
Further volume growth and sustained margin strength should drive upside to consensus estimates, contends Levy.
Price Action: TSLA shares traded higher by 2.02% at $863.45 in the premarket session on the last check Monday.