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Canaccord dismisses short-term demand cracks, lifts Tesla price target to $551

Canaccord Genuity just lifted its Tesla price target from $480 to $551, a 13% increase, saying short-term demand cracks aren't the end of the road. Even though Canaccord kept its buy rating, analyst George Gianarikas cut his Q4 2025 delivery forecast, citing a bigger-than-expected slump in demand. But he didn't back off the bull case. [...]

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