Six Firms Raise Tesla Stock Targets, Separate From Binance TSLAUSDT

Tesla share price targets raised by six brokerages on Oct. 22 concern the company’s equity, while Binance’s TSLAUSDT is a separate cash-settled perpetual contract that trades around the clock.

UBS lifted its target to $425 from $391; Canaccord Genuity to $442 from $410; Morgan Stanley to $410 from $400; JP Morgan to $430 from $415; Piper Sandler to $475 from $450; and Mizuho to $460 from $450. The targets apply to Tesla shares, not the futures contract.

Binance’s TSLAUSDT perpetual contract is margined in USDT and settled in cash. It trades 24 hours a day, seven days a week, and gives holders no Tesla voting rights or dividends.