Deutsche Bank Maintains Buy on Tesla, Lowers Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Emmanuel Rosner has maintained a Buy rating on Tesla (NASDAQ:TSLA) but reduced the price target from $275 to $260.

December 14, 2023 | 3:49 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Buy rating on Tesla but has lowered the price target from $275 to $260, indicating a potential upside but with caution.
The reduction in price target by Deutsche Bank reflects a slightly more cautious stance on Tesla's short-term price potential. However, maintaining a Buy rating suggests that the analyst still sees positive fundamentals or growth prospects. The impact on the stock price is likely to be neutral in the short term as the reduction is not substantial and the Buy rating is still in place, indicating continued analyst confidence in the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100