Barclays Maintains Equal-Weight on Tesla, Lowers Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Equal-Weight rating on Tesla (TSLA) and lowers the price target from $225 to $180.
April 17, 2024 | 1:39 pm
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Barclays maintains an Equal-Weight rating on Tesla and reduces the price target from $225 to $180.
The reduction in Tesla's price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors. This adjustment reflects a more cautious outlook on Tesla's stock value, potentially influencing investor confidence and stock price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100