Evercore ISI raised the firm’s price target on Tesla to $195 from $145 and keeps an In Line rating on the shares after the company revealed a broad array of new products, including the Cybercab, “Robovan” and Optimus robot at its event hosted last Thursday evening. The firm believes investors had “rightly anticipated (and front-run)” the event and promises made therein, but were “clearly disappointed on the lack of concrete details,” adding that it believes the lack of a M2.5/variant reveal and concrete details and data regarding the human/robo rideshare launch were “the clear areas of disappointment.”
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