Barclays Maintains Equal-Weight on Tesla, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Equal-Weight rating on Tesla (NASDAQ:TSLA) but reduced the price target from $260 to $250.

January 18, 2024 | 2:19 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Barclays analyst Dan Levy maintains an Equal-Weight rating on Tesla but lowers the price target from $260 to $250, indicating a potential downside or limited upside.
The reduction in price target by Barclays, while maintaining an Equal-Weight rating, suggests that the analyst sees limited growth potential or possible downside risk for Tesla's stock in the short term. This could lead to negative investor sentiment and a potential decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100