Citigroup Maintains Neutral on Tesla, Lowers Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli has maintained a Neutral rating on Tesla (NASDAQ:TSLA) and lowered the price target from $271 to $255.
October 19, 2023 | 4:14 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Tesla and lowered the price target from $271 to $255, which may impact the stock's performance.
The lowering of the price target by Citigroup indicates a less optimistic outlook for Tesla's stock, which could lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100