Tesla shares (NASDAQ:TSLA) have received a “Buy” rating and a $475 per share price target from Benchmark.

Benchmark’s price target is based on 68.2 times its 2028 earnings before interest, taxes, depreciation, and amortization (EBITDA), as noted in a Morningstar report.

$TSLA +1.8% pre-mkt as Benchmark initiates TSLA with a Buy rating and $475 price target. pic.twitter.com/KT6BTTW5kJ

— Gary Black (@garyblack00) February 12, 2025

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Tesla (TSLA) gets $475 price target and “Buy” rating from Benchmark