The backlash against the electric vehicle company has turned violent at times, as its billionaire chief executive parlays his support for President Trump into consequential influence over the federal government.

More than 100 Tesla dealerships were targeted in rallies around the U.S. Sunday in an attempt to send a message to Elon Musk and President Donald Trump's administration.

But one Wall Street analyst thinks the stock has dropped far enough. TD Cowen analyst Itay Michaeli just upgraded that firm's rating on Tesla stock to a "buy" and provided a massive price target increase from $180 to $388 per share, reports Barron's.

Tesla (NASDAQ:TSLA) is a fantastic company, and its founder, Elon Musk, is probably the most influential entrepreneur of our times.

Investors abandoned Tesla’s (NASDAQ: TSLA) stock so quickly that the price dropped 34% this year. Based on its current trajectory, it may keep falling. The drop has been blamed on CEO Elon Musk, who has recently been trying to fix the US government as the primary change agent for President Trump.