Canaccord Genuity Maintains Buy on Tesla, Lowers Price Target to $222
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst George Gianarikas maintains a Buy rating on Tesla (TSLA) but lowers the price target from $234 to $222.

April 24, 2024 | 12:40 pm
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Canaccord Genuity maintains a Buy rating on Tesla but lowers the price target from $234 to $222.
The adjustment in price target by Canaccord Genuity reflects a nuanced view on Tesla's valuation, suggesting a slightly less optimistic outlook while still maintaining a positive stance. This could lead to mixed reactions in the short term, as investors weigh the reduced price target against the maintained Buy rating.
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