Keep an eye on Tesla (TSLA).
While the stock is up big over these last few days, it could see higher highs heading into the company’s Cybertruck first delivery event this Thursday. Helping, Wedbush analyst Dan Ives says the event could be “another historical moment” for Tesla, as noted by TipRanks.com. Ives also has an outperform rating on the stock, with a price target of $310 a share.
Tesla closed Tuesday at $246.72 – up $10.64 on the day. In pre-market today, it’s up another $3.13. Ahead of the event, we’d like to see it test $255. At the same time, we have to be wary of a potential sell the news reaction once the event happens tomorrow.