Wells Fargo Downgrades Tesla to ‘Underweight’, Slashes Price Target to $125
Wells Fargo has downgraded Tesla to ‘Underweight’ and reduced the price target to $125, down from $200. Wells Fargo analyst Colin Langan said Tesla is a “growth company with no growth The analyst’s comment suggests potential challenges ahead, citing concerns about diminishing impact from price cuts, potential negative effects on volume, and the likelihood of … Continue reading Wells Fargo Downgrades Tesla to ‘Underweight’, Slashes Price Target to $125
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