Tesla
$TSLA received an upgraded price target from formerly bearish firm JPMorgan, as it changed analysts covering the stock.
Ryan Brinkman, who held a $145 price target on Tesla shares, has been replaced by Rajat Gupta, whose price target is $475.
Gupta says Tesla's automotive, energy storage, Robotaxi, humanoid robots, and infrastructure licensing strengths have a potential addressable opportunity of about $3.9 trillion by 2035. He wrote that Tesla “is at the forefront of physical AI, entering uncharted TAMs.”