Goldman Sachs Maintains Neutral on Tesla, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Mark Delaney maintains a Neutral rating on Tesla (NASDAQ:TSLA) and lowers the price target from $248 to $230.

July 24, 2024 | 10:20 am
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NEGATIVE IMPACT
Goldman Sachs analyst Mark Delaney maintains a Neutral rating on Tesla and lowers the price target from $248 to $230.
The lowered price target from $248 to $230 by a major financial institution like Goldman Sachs is likely to have a negative short-term impact on Tesla's stock price. The Neutral rating suggests no strong buy or sell recommendation, but the reduced price target indicates a less optimistic outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100