Tesla shares are trading lower after Goldman Sachs downgraded the stock from Buy to Neutral but raised its price target from $185 to $248.
Portfolio Pulse from Bill Haddad
Tesla shares are trading lower after Goldman Sachs downgraded the stock from Buy to Neutral but raised its price target from $185 to $248.
June 26, 2023 | 11:31 am
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NEGATIVE IMPACT
Goldman Sachs downgraded Tesla's stock from Buy to Neutral, causing shares to trade lower, but raised the price target from $185 to $248.
Tesla's stock is trading lower due to the downgrade by Goldman Sachs, which may cause investors to reconsider their positions. However, the raised price target could indicate a potential upside in the future.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100