The company's stock price has gone up a lot.
Frederic J. Brown is a photographer.
Over the last two weeks, there have been disagreements between the two companies, with the bank suing the carmaker and the two companies' CEOs reportedly feuding behind the scenes.
Feuding bosses aside, the analysts at JP Morgan have been the most bearish on the stock.
The last analyst rating for the company was from October 21. That would be a huge fall from Tuesday's closing price.
It also gave it an "underweight" rating, which means investors should trim their holdings as the stock is expected to perform poorly.
The most pessimistic of the big banks is the one with a price target of $250. Wall Street analysts average a price target for the year.
The research section at the bank is not related to other things. When they publish onTesla, their analysts could well up their price target.
The stock price of electric car maker,Tesla, has risen more than 630% from around $150 before the coronaviruses hit the world economy in February 2020 to Tuesday's closing price.
The 12-month target price for the company has been increased by Jeffries. Morgan Stanley has a target price of $1,200.
The company doesn't think thatTesla is a bad company. In a note dated October 21st, analyst Ryan Brinkman wrote that the carmaker has "leading-edge technology" and a range of products that are "attractive to drive." Brinkman could raise the price target when he publishes his research.
Brinkman said that the valuation of the company implies an expansion well beyond what the bank is expecting.
There are a lot of other market participants who don't like the rise ofTesla. The author of "The Big Short" has said that the share price ofTesla is ridiculous and a sign of a bubble.
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Business Insider has an original article.
