KGI Securities Downgrades Tesla to Neutral, Announces $236 Price Target
Portfolio Pulse from Benzinga Newsdesk
KGI Securities has downgraded Tesla (NASDAQ:TSLA) from Outperform to Neutral, setting a price target of $236.
July 25, 2024 | 8:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
KGI Securities has downgraded Tesla from Outperform to Neutral, with a new price target of $236.
The downgrade from Outperform to Neutral by KGI Securities, along with a price target of $236, is likely to negatively impact Tesla's stock price in the short term as it signals reduced confidence in the stock's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100