Citigroup Maintains Neutral on Tesla, Lowers Price Target to $271
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Tesla (NASDAQ:TSLA) and lowered the price target from $278 to $271.

October 11, 2023 | 3:39 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Tesla and lowered the price target from $278 to $271.
The lowered price target by Citigroup could potentially impact investor sentiment towards Tesla, but the maintained Neutral rating suggests that the overall outlook for the company remains unchanged. Therefore, the short-term impact on Tesla's stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100