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Interesting disconnect in the market right now. New Street just bumped Tesla's price target to $600 from $520 with a Buy stance, but here's the thing—the broader analyst consensus is sitting around $424. That's a pretty meaningful gap between the bulls and the crowd.
So you've got one firm staying aggressively bullish while most others are more cautious. This kind of divergence actually matters for how you think about positioning and risk. When there's this much spread between the outlier view and the consensus, it usually signals either a genuinely contrarian opportunity or a sign that sentiment is shifting.
Worth watching how other analysts respond in the coming weeks. These disagreements often precede bigger moves.