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Canaccord Keeps $442 Tesla Target, Rejects Earnings Call Criticism
Canaccord Genuity analyst George Gianarikas reiterated his $442 price target for Tesla stock and criticized investors who came away disappointed from the company's third-quarter earnings call. In a note to clients, he said that "tea-leaf readers" describing a "subdued" tone on the call "are flatly wrong." The available text is cut off before detailing the analyst's arguments.
- Canaccord reiterates $442 price target for Tesla stock
- Gianarikas calls those who saw a subdued call tone "flatly wrong"
🔎 Why it matters: The note comes from a Canaccord Genuity analyst about the third-quarter earnings call, not from a Tesla decision or announcement. His $442 price target stands despite the negative reading from some investors.
📈 Upside: Not applicable.
📉 Risk: The $442 price target is one analyst's estimate and does not constitute official Tesla guidance.
🤖 Editorial summary of the cited source, with AI-assisted analysis -- not HgYperDrive original reporting. The original source is linked above for verification. More on how this works: editorial policy →