TSLA - 2 Cheap Growth Stocks to Buy Before They Soar 71% and 100% According to Certain Wall Street Analysts
2024-03-02 05:00:00 ET
The S&P 500 surged 28% over the last year, but Wall Street analysts still see plenty of buying opportunities across the stock market.
Adam Jonas at Morgan Stanley has set Tesla (NASDAQ: TSLA) with a 12-month price target of $345 per share, implying 71% upside from its current price of $202. Similarly, Sean Dunlop at Morningstar has given Etsy (NASDAQ: ETSY) a 12-month price target of $140 per share, implying 100% upside from its current price of $70.
Investors should always treat these short-term forecasts with skepticism, especially when they come from individual analysts. But Tesla and Etsy warrant further consideration given the potential opportunities involved.
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2 Cheap Growth Stocks to Buy Before They Soar 71% and 100%, According to Certain Wall Street Analysts