*Walter Bloomberg|Oct 09, 2025 13:33
TSLA - TD COWEN RAISES TESLA PRICE TARGET TO 509
TD Cowen analyst Itay Michaeli lifted Tesla’s price target from 374 to 509 and kept a Buy rating. The firm cited a strong Q3 delivery beat, the CEO compensation proposal, and continued progress in autonomous and AI initiatives.
TD Cowen raised its long-term outlook, noting muted 2026 expectations despite recent stock gains. Updated forecasts include slightly higher earnings estimates and a higher valuation multiple, reflecting increased confidence in Tesla’s product goals and future AV/FSD opportunities.(*Walter Bloomberg)
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