Investors bet on component makers in electric car shift

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Tesla Motors (TSLA) PT Lowered to $347 at Citi on Model Update to Reflect Recent 4Q Report & 10-K Filing; 'Slower Model 3 Ramp'

March 8, 2018 6:14 AM EST

Citi lowered its price target on Tesla Motors (NASDAQ: TSLA) to $347.00 (from $367.00) while maintaining a Neutral rating, following a model update to reflect the company's 10-K filing.

Analyst Itay Michaeli notes a cautious outlook on the shares, following a model update to... More