Baird Maintains Outperform on Tesla, Lowers Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Ben Kallo has maintained an Outperform rating on Tesla (NASDAQ:TSLA) but has lowered the price target from $300 to $280.
April 03, 2024 | 4:49 pm
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Baird analyst Ben Kallo maintains an Outperform rating on Tesla but lowers the price target from $300 to $280.
While the maintenance of an Outperform rating suggests continued confidence in Tesla's long-term prospects, the reduction in price target could indicate concerns about near-term challenges or valuation adjustments. This mixed signal might lead to short-term uncertainty among investors, but the overall positive outlook is likely to remain intact.
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