Citigroup Maintains Neutral on Tesla, Lowers Price Target to $196
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Itay Michaeli maintains a Neutral rating on Tesla (TSLA) and lowers the price target from $224 to $196.
March 27, 2024 | 5:11 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Citigroup analyst Itay Michaeli maintains a Neutral rating on Tesla and lowers the price target from $224 to $196.
The reduction in the price target by Citigroup reflects a more cautious outlook on Tesla's stock value in the short term. This adjustment could lead to a negative sentiment among investors, potentially causing a short-term decrease in Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100