Citigroup Maintains Neutral on Tesla, Raises Price Target to $278
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Tesla (NASDAQ:TSLA) and raised the price target from $215 to $278.
July 12, 2023 | 11:17 am
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Tesla and raised the price target from $215 to $278.
The news is directly about Tesla. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100