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Tesla (TSLA) PT Raised to $140 at HSBC, '4Q looks to be tough', Stays Reduce Rated
December 19, 2024 11:53 AM ESTHSBC analyst Michael Tyndall raised the price target on Tesla (NASDAQ: TSLA) to $140.00 (from $126.00) while maintaining a Reduce rating.
The analyst comments "4Q looks to be tough, but market to focus on outlook: TSLA has already flagged that the strong 3Q margins are unlikely to be maintained, although FSD releases and regulatory credits leave some scope... More
