Barclays Maintains Equal-Weight on Tesla, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Dan Levy maintains an Equal-Weight rating on Tesla (NASDAQ:TSLA) but lowers the price target from $225 to $220.
July 25, 2024 | 11:39 am
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Barclays analyst Dan Levy maintains an Equal-Weight rating on Tesla but lowers the price target from $225 to $220.
The lowered price target from $225 to $220 by Barclays suggests a slightly more cautious outlook on Tesla's stock performance. This could lead to a minor negative impact on the stock price in the short term as investors may adjust their expectations.
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