Stock Market Today, Aug. 14: Tesla Gains on TD Cowen Buy Reiteration and $460 Target
On Aug. 14, 2026, analyst support helped the stock climb, adding to a two-week rally.
On August 14, Tesla's stock (NASDAQ:TSLA) rose 0.68% to close at $342.27, buoyed by TD Cowen's reiteration of a "buy" rating and a $460 price target, signaling a potential 34% upside from the current price. The electric vehicle and autonomous driving software manufacturer saw a trading volume of 45.1 million shares, surpassing its three-month average of 43.1 million shares.
Since its IPO in 2010, Tesla's stock has surged 21,426%. Meanwhile, the S&P 500 (SNPINDEX:^GSPC) and the Nasdaq Composite (NASDAQINDEX:^IXIC) experienced slight declines, closing at 7,786 and 26,729, respectively, both down 0.17% and 0.28%. Peer companies in the EV and autonomous driving sector, such as Rivian Automotive (NASDAQ:RIVN) and Lucid Group (NASDAQ:LCID), reported declines, with Rivian closing at $15.36, down 2.91%, and Lucid at $6.22, down 3.42%.
TD Cowen analyst Itay Michaeli reiterated his bullish outlook on Tesla shares, suggesting investors should consider adding them to their portfolios.
Written by urgent.news from Motley Fool's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
