Stocks

Roundup: Analysts give the latest price targets for Tesla

Tesla traded as low as $166.30 and last traded at $170.83.

Goldman Sachs Group reduced their price target for the stock from $220.00 to $190.00 on Tuesday. They currently have a neutral rating on the stock.

JPMorgan Chase & Co. downgraded their rating on Tesla from “neutral” to “underweight” and lowered their price target from $135.00 to $130.00 in a research report released on Friday, January 26th.

UBS Group also reduced their target price on Tesla from $225.00 to $165.00 and maintained a “neutral” rating on the stock in a research note published on Thursday, March 14th.

Canaccord Genuity Group decreased their price target on Tesla from $267.00 to $234.00 and maintained a “buy” rating for the company in a report released on Thursday, January 25th.

Piper Sandler revised their target price on Tesla from $295.00 to $225.00 and maintained an “overweight” rating on the stock in a research report published on Monday, February 5th.

Daiwa Capital Markets downgraded Tesla from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $245.00 to $195.00 in a research report released on Tuesday, February 6th.

According to data from MarketBeat, out of the 33 investment analysts who have rated the stock, ten have given it a “sell” rating, fourteen have assigned a “hold” rating, and nine have issued a “buy” rating.

Based on the consensus rating of “Hold” and a consensus target price of $211.93, Tesla’s stock is expected to perform in line with market expectations.

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