Wedbush Maintains Outperform on Tesla, Lowers Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained an 'Outperform' rating on Tesla (NASDAQ:TSLA) but lowered the price target from $350 to $310.
October 19, 2023 | 2:57 pm
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Wedbush has maintained an 'Outperform' rating on Tesla but lowered the price target from $350 to $310.
The news is directly related to Tesla as the company's price target has been lowered by Wedbush. However, the 'Outperform' rating has been maintained which indicates that the analyst still expects the stock to do better than the market. This could have a neutral impact on the stock as the positive rating is offset by the lower price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100