Wells Fargo Maintains Equal-Weight on Tesla, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Colin Langan has maintained an Equal-Weight rating on Tesla (NASDAQ:TSLA) and lowered the price target from $260 to $250.
October 19, 2023 | 1:44 pm
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NEGATIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Tesla and lowered the price target from $260 to $250.
The lowering of the price target by Wells Fargo could potentially lead to a negative sentiment among investors, which may put downward pressure on Tesla's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100