RBC Capital Maintains Outperform on Tesla, Lowers Price Target to $227
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Tom Narayan maintains an Outperform rating on Tesla (NASDAQ:TSLA) but lowers the price target from $293 to $227.
June 20, 2024 | 1:54 pm
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RBC Capital analyst Tom Narayan maintains an Outperform rating on Tesla but lowers the price target from $293 to $227.
The Outperform rating suggests continued confidence in Tesla's performance, but the lowered price target indicates some concerns about future growth or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100