Piper Sandler Maintains Overweight on Tesla, Lowers Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter has maintained an Overweight rating on Tesla (NASDAQ:TSLA) but lowered the price target from $300 to $290.

October 16, 2023 | 5:42 pm
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Piper Sandler has maintained an Overweight rating on Tesla but lowered the price target from $300 to $290.
The news is directly related to Tesla as Piper Sandler, a well-known financial institution, has maintained an Overweight rating on the company but lowered the price target. This could lead to mixed reactions in the market, with some investors seeing the lowered price target as a negative signal, while others may focus on the maintained Overweight rating. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100