Wells Fargo Raised Its Tesla Stock Target, but Still Sees a 67% Drop

Wells Fargo just raised its price target on Tesla stock (NASDAQ: TSLA), yet told clients to keep selling. The bank now values the shares at $130, still far below the roughly $396 where they trade. The takeaway is simple. Even with the higher target, that $130 call still points to a roughly 67% drop, because The post Wells Fargo Raised Its Tesla Stock Target, but Still Sees a 67% Drop appeared first on BeInCrypto.