Tesla faces ‘slower growth and rising risk' among increasing reasons to worry
Portfolio Pulse from
BofA Securities has reduced its price target for Tesla, citing concerns about slower growth and rising risks. Tesla's stock is currently trading at a four-month low.
March 04, 2025 | 5:30 pm
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BofA Securities has lowered its price target for Tesla, highlighting concerns over slower growth and increased risks. Tesla's stock is at a four-month low.
The reduction in Tesla's price target by BofA Securities is a significant indicator of potential negative sentiment in the market. The mention of slower growth and rising risks adds to the bearish outlook, likely leading to downward pressure on the stock price in the short term.
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