Piper Sandler hikes Tesla price target to new Street high, sees 25% upside

Tesla CEO Elon Musk gestures as he visits the construction site of Tesla's Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021.
Patrick Pleul | Reuters

Piper Sandler just became the biggest Tesla bull on Wall Street.

More In Street Calls

CNBC ProBuy SoFi here because it can weather a recession better than fintech peers, Mizuho says
CNBC ProRBC downgrades Boston Beer, cuts price target on waning popularity of Truly hard seltzer
CNBC ProKellogg will find it difficult to pass through inflation from here, UBS says