New Street Research Downgrades Tesla to Neutral, Announces $225 Price Target
Portfolio Pulse from Benzinga Newsdesk
New Street Research has downgraded Tesla (NASDAQ:TSLA) from Buy to Neutral, setting a price target of $225.

July 24, 2024 | 5:30 pm
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NEGATIVE IMPACT
New Street Research has downgraded Tesla from Buy to Neutral, with a new price target of $225.
The downgrade from Buy to Neutral by a reputable analyst firm like New Street Research is likely to negatively impact Tesla's stock price in the short term. The new price target of $225 is below the current trading price, which may lead to selling pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100