Tesla stock could spike nearly 30% over the next year with aid from its coming Cybertruck, equity strategy chief says

• Tesla shares are likely to rise by nearly 30% to $260 in the next six to 12 months, says Zacks.

• The stock fell below $200 after the EV maker's investors' day.

• Tesla's Cybertruck is set to arrive this year and could provide upside support.

Investors pushed Tesla shares lower following the EV maker's investors' day, but the stock could rise 30% in as early as six months, according to Zacks Investment Research.

The firm's price target is $260 over the next six to 12 months. That price would represent a 28% increase from Wednesday's close of $202.77.

"I think that's doable," John Blank, chief equity strategist at Zacks, told CNBC's "Squawk Box Europe" on Thursday.  "When I queried it … it sounded fair. I think $260 is where we're headed."

Tesla shares last traded above $260 in September.