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Goldman Sachs downgrades Tesla to 'neutral' with a price target of $248.00

An analyst from Goldman Sachs downgraded $Tesla (TSLA.US)$ from 'buy' to 'neutral' with a price target of $248.00.
Goldman Sachs downgrades Tesla to 'neutral' with a price target of $248.00
Prior to this rating, Tesla had 16 buy ratings, 19 hold ratings, and 6 sell ratings.
For consensus analyst estimates and price targets on Tesla, click here. For more news on Tesla, click here.
Tesla's stock price closed at $256.60. They are up 32.84% in the last month and up 4.77% in the last 12 months.
Morgan Stanley's Adam Jonas has increased his $TSLA price target to $250 (from $200), and his bull PT to $450 (from $390).
Goldman Sachs downgrades Tesla to 'neutral' with a price target of $248.00
In 2020, Tesla delivered 499,535 vehicles.
In 2023, Tesla is going to deliver 1,800,000~2,000,000 (~4X vs 2020).
However the stock price is hovering at the same level as it did in 2020 at ~$250 per share.
If this doesn’t smell like opportunity, I don’t know what’s does.
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