Deutsche Bank Maintains Buy on Tesla, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Emmanuel Rosner has maintained a Buy rating on Tesla (NASDAQ:TSLA) but has reduced the price target from $260 to $250.

January 26, 2024 | 7:50 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Buy rating on Tesla but lowers the price target to $250, indicating a slight decrease in expected future stock performance.
While the Buy rating suggests continued confidence in Tesla's performance, the reduction in price target may signal a tempered outlook on the stock's growth potential in the short term. This could lead to mixed reactions in the market, with some investors seeing the lowered target as a sign of caution, while others may focus on the maintained Buy rating as a positive indicator.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100