$Tesla (TSLA.US)$analysts are cautious after fourth-quarter deliveries came in below consensus estimates and production fell below delivery figures. The stock climbed upwards of 7% late Friday after the news.
Canaccord Genuity analyst George Gianarikas maintained a Buy rating on Tesla. He also raised the price target from $298 to $404.
GLJ Research analyst Gordon Johnson maintained a Sell rating with a price target of $24.86.
Truist analyst William Stein maintained a Hold rating and lowered the price target from $360 to $351.
A key question after Tesla's fourth-quarter delivery miss was whether to downgrade the rating on the stock, Gianarikas said.
"Despite weaker...