New Street Research analyst, Pierre Ferragu downgraded Tesla’s stock to Neutral from Buy and maintained their $578 target.
Ferragu believes the extreme growth element is already baked into the stock price, however the analyst maintain his long-term target of $1200 for 2025.
STA Research’s analysis of the stock is Slightly Bearish with a score of 4 out of 10, where 0 is very bearish and 10 very bullish.
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