Barclays Maintains Equal-Weight on Tesla, Lowers Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy has maintained an Equal-Weight rating on Tesla (NASDAQ:TSLA) but has reduced the price target from $250 to $225.
January 25, 2024 | 2:57 pm
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Barclays has maintained its Equal-Weight rating on Tesla but lowered the price target from $250 to $225, indicating a potential downside or slower growth.
The reduction in price target by Barclays reflects a more cautious view on Tesla's stock, potentially due to expected headwinds or slower growth prospects. This could lead to short-term negative sentiment among investors.
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