Image from MarketBeat Media, LLC. Key Points Tobias Financial Advisors acquired a new position of 707 shares of Tesla (TSLA) in the second quarter, valued at about $225,000. Several large institutions made major moves—Norges Bank bought a new stake worth roughly $11.84 billion and Vanguard holds 251,390,681 shares (≈$79.86 billion); institutional investors own about 66.20% of the stock. Analysts' consensus is a Hold with an average price target of $394.03, based on 1 Strong Buy, 21 Buy, 12 Hold and 10 Sell ratings. Analysts Set New Price Targets Several research analysts have weighed in on the stock. Melius Research set a $520.00 price objective on shares of Tesla and gave the company a "buy" rating in a research note on Monday, October 13th. Evercore ISI boosted their price target on shares of Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, October 29th. Truist Financial upped their price target on shares of Tesla from $280.00 to $406.00 and gave the stock a "hold" rating in a research note on Thursday, October 23rd. CICC Research lifted their price objective on Tesla from $360.00 to $450.00 and gave the company an "outperform" rating in a research report on Thursday, September 18th. Finally, Canaccord Genuity Group lowered their target price on Tesla from $490.00 to $482.00 and set a "buy" rating on the stock in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and ten have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $394.03.