JPMorgan boosts its Tesla price target on the strength of delivery data — but still expects the stock to fall 79% over the next year (TSLA)

JPMorgan boosts its Tesla price target on the strength of delivery data — but still expects the stock to fall 79% over the next year (TSLA)

Business Insider

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· *Despite Tesla's meteoric rise in 2020, one analyst is sticking to his call that shares are set to fall 79% from current levels.*
· *In a note published on Monday, JPMorgan raised its price target on Tesla by $20 to $295 on strength in its second-quarter delivery numbers, but reiterated its underweight position.*
· *The...

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