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Is the sudden drop in Tesla's stock a buying opportunity? Latest target stock price list

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moomooニュース米国株 wrote a column · Jun 27, 2023 16:39
$Tesla (TSLA.US)$is one of the stocks that has significantly recovered its stock price in the U.S. stock market this year, recording an increase of over 95% so far, butit is also one of the technology stocks that have been downgraded the most in investment ratingImportant to note isdespite analysts downgrading the investment rating, they raised the target stock price, so the market is adequately reflecting Tesla's future earnings potentialIt's what I'm thinking.
$Morgan Stanley (MS.US)$and $Barclays (BCS.US)$Following last week's downgrade of Tesla stock investment rating, $Goldman Sachs (GS.US)$and also downgraded Tesla stock from "buy" to "neutral (hold)" on Monday, with a target stock price ofincreased from $185 to $248.raised.
GoldmanMr. Delaney of Goldman stated, "The stock price is currently determined by our view of Tesla's growth potential and competitive positioning."Explained that it reflects a long-term bright outlook."Additionally, we recognize that the environment surrounding new car prices is challenging."Currently, in the stock market, there is believed to be a long-term opportunity with Tesla stock. However, we believe that the environment surrounding new car prices is challenging and will continue to hinder Tesla's automotive business' non-GAAP gross profit margin this year" stated Delaney.Tesla's target stock price is increasing from $200 to $250.We recognize that the environment surrounding new car prices is challenging.
Currently, in the stock market, there is believed to be a long-term opportunity with Tesla stock. However, we believe that the environment surrounding new car prices is challenging and will continue to hinder Tesla's automotive business' non-GAAP gross profit margin this year" stated Delaney.
Morgan StanleyTesla's target stock price is increasing to $250.Tesla's target stock price is increasing from $200 to $250.In his report, Adam Jonas, an automobile analyst at the same bank, stated the following.
Tesla's bullish attitude remains unchanged, but Tesla's stock has already risen to a 'reasonable' level in the previous rally.
Barclaysraised Tesla's target stock pricefrom $220 to $260and stated that Tesla had risen too much.
It would be wise to wait and see for a while, although it is not surprising that Tesla's stock has soared.
Tesla fell more than 6% on Monday due to disappointment over the downgrade in investment rating. Will this adjustment be a good opportunity to buy Tesla stock on a dip?The latest target stock price and rating for Tesla stock are as follows.As follows:
Is the sudden drop in Tesla's stock a buying opportunity? Latest target stock price list
This article uses auto-translation in some parts.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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