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The latest Wall Street analyst to launch coverage of Tesla says investors should compare it to an unlikely tech giant (TSLA)

The latest Wall Street analyst to launch coverage of Tesla says investors should compare it to an unlikely tech giant (TSLA)
Photo by J. Emilio Flores/Corbis via Getty Images



Nomura Instinet has resumed coverage of Tesla with a $300 price target and neutral stock rating.




Analyst Christopher Eberle says the company's opportunity is akin to Salesforce's disruption in the early 2000's.




Demand, a top of mind worry for many other analysts, isn't something Eberle says is a problem.



Wall Street has always struggled with how to compare Tesla to other baskets of stocks.
Some analysts, like Morgan Stanley's widely followed Adam Jonas, lump Elon Musk's electric car company with other traditional automakers, while others like Gene Munster is well known for his comparison to Apple.
Nomura Instinet, which re-instated coverage of Tesla on Tuesday, has another idea: Salesforce.
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