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Six Brokerages Raise Tesla Price Targets, Piper Sandler Leads at $475

The targets ranged from $410 at Morgan Stanley to $475 at Piper Sandler. Binance’s TSLAUSDT is a separate cash-settled contract without Tesla shareholder rights.

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A Tesla Model 3 charges at an Austin, Texas, station on a cloudy afternoon. / TokenPost.ai
A Tesla Model 3 charges at an Austin, Texas, station on a cloudy afternoon. / TokenPost.ai

Six brokerages raised their Tesla share price targets Thursday, Oct. 22, with Piper Sandler’s $475 figure topping the group as analysts increased their benchmarks for the automaker.

Piper Sandler lifted its target to $475 from $450. Mizuho raised its target to $460 from $450. Canaccord Genuity’s target rose to $442 from $410, JP Morgan’s to $430 from $415, UBS’s to $425 from $391, and Morgan Stanley’s to $410 from $400.

The six targets refer to Tesla stock. Binance’s TSLAUSDT contract is margined in Tether and cash-settled, so it does not represent Tesla shares.

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