Tesla (NASDAQ:TSLA) Price Target Cut to $130.00 by Analysts at Wells Fargo & Company
Tesla (NASDAQ:TSLA – Free Report) had its price target lowered by Wells Fargo & Company from $135.00 to $130.00 in a research report sent to investors on Friday, Marketbeat.com reports. The brokerage currently has an underweight rating on the electric vehicle producer’s stock.
J.P.Morgan cuts price target on Tesla shares, brokerage expects lower deliveries
J.P.Morgan cut its price target on Tesla's stock as the brokerage expects a second straight year of lower deliveries, with analysts also pointing to a change in sentiment toward the EV maker from existing customers and potential new buyers.
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