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Tesla (TSLA) PT Lowered to $120 at Wells Fargo, 'we expect a Q1 miss'
April 12, 2024 6:15 AM EDTWells Fargo analyst Colin Langan lowered the price target on Tesla (NASDAQ: TSLA) to $120.00 (from $125.00) while maintaining a Underweight rating.
The analyst comments "While we expect a Q1 miss, expectations are low after weak deliveries. Poor fundamentals
may be overshadowed on the... More
Tesla (TSLA) PT Lowered to $180 at Citi, 'Updating Model Ahead of Q1; RoboTaxi Unveil Thoughts'
April 12, 2024 4:28 AM EDTCiti analyst Itay Michaeli lowered the price target on Tesla (NASDAQ: TSLA) to $180.00 (from $196.00) while maintaining a Neutral rating.
The analyst comments "Thoughts on Upcoming RoboTaxi Unveil First, we agree with Teslas emphasis on AV, which weve long viewed as the most disruptive mobility megatrend (here). For the Aug 8th unveil, we can see two scenarios: (1) An event that feels similar to the 2019 Autonomy Day, in which Tesla reveals a purpose-built RoboTaxi... More
