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$Tesla (TSLA.US)$ is down nearly 32% since January, and is currently the worst performer in the S&P 500 this year.
Despite being apart of the Magnificent 7, in a new report by Wells Fargo, analyst Colin Langan wrote, Tesla is a “growth company with no growth.”
Recent price targets are also reflecting these thoughts.
Wells Fargo has lowered its price target for the stock from $200 to $125, predicting another 25% decrease in value. UBS, meanwhile, ...
Despite being apart of the Magnificent 7, in a new report by Wells Fargo, analyst Colin Langan wrote, Tesla is a “growth company with no growth.”
Recent price targets are also reflecting these thoughts.
Wells Fargo has lowered its price target for the stock from $200 to $125, predicting another 25% decrease in value. UBS, meanwhile, ...
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