Needham Reiterates Hold on Tesla
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Chris Pierce has reiterated a Hold rating on Tesla (NASDAQ:TSLA).
October 11, 2024 | 9:44 am
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Needham analyst Chris Pierce has reiterated a Hold rating on Tesla, indicating a neutral stance on the stock.
The reiteration of a Hold rating by Needham suggests that the analyst sees no immediate catalysts for significant price movement in Tesla's stock. This neutral stance implies that investors should neither expect a strong upward nor downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100