Wedbush Maintains Outperform on Tesla, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Tesla (TSLA) but lowers the price target from $315 to $300.

March 28, 2024 | 11:27 am
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Wedbush analyst Daniel Ives maintains an Outperform rating on Tesla but lowers the price target from $315 to $300.
The adjustment in price target by a prominent analyst could lead to mixed reactions in the market. While maintaining an Outperform rating indicates a positive outlook on the company, the reduction in price target might cause some investors to reassess their expectations for Tesla's stock performance in the short term. However, the overall positive stance suggests that the impact might be neutral to slightly negative.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100