Wells Fargo Reiterates Equal-Weight on Tesla, Maintains $265 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has reiterated an Equal-Weight rating on Tesla (NASDAQ:TSLA) and maintained a price target of $265.
July 20, 2023 | 11:54 am
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Wells Fargo has reiterated an Equal-Weight rating on Tesla and maintained a price target of $265.
The reiteration of an Equal-Weight rating suggests that Wells Fargo believes Tesla's stock is fairly valued at its current price. The maintained price target of $265 indicates that the analyst does not foresee significant price movement in the short term. This could lead to neutral short term impact on Tesla's stock price.
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