Tesla analysts most bullish on EV maker in more than seven years

Tesla Inc.’s love-hate relationship with Wall Street is turning more affectionate, with bullish ratings on the stock at their highest level in over seven years.

Of the 49 analysts following the electric-vehicle maker, 27, or about 55%, recommend buying the stock, according to Bloomberg data. Among the rest, 12 have hold ratings, while 10 have sells. The last time such a high percentage of analysts rated Tesla a buy was in early 2015 — when it was a much smaller company, with a far cheaper valuation, in a relatively unproven industry.

Tesla shares are rising Tuesday, up as much as 5.6% to touch $255.91, rebounding from Monday’s sharp selloff after third-quarter deliveries missed expectations.