73768945
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Tesla stock fell by 4.5%, closing at $169.48 on Wednesday after Wells Fargo cut Tesla to its lowest rating, citing the potential for more price cuts that could hit the bottom line.
Source: Moomoo
Analyst Colin Langan downgraded TSLA to a Sell-equivalent Underweight from Equal Weight and lowered its price target to $125 from $200, saying its valuation premium to the other Magnificent 7 stocks is "likely a risk."
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Source: Moomoo
Analyst Colin Langan downgraded TSLA to a Sell-equivalent Underweight from Equal Weight and lowered its price target to $125 from $200, saying its valuation premium to the other Magnificent 7 stocks is "likely a risk."
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![Tesla's Target Price Was Slashed by Wells Fargo and UBS. Where is Tesla Headed Next?](https://ussnsimg.moomoo.com/sns_client_feed/77777013/20240314/08fdf294db1740cb81a7e10eb8ca9551.png/thumb?area=999&is_public=true)
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