Bank of America cuts Tesla price target, says it can rebound with two strategies

Teslarati
By Joey KlenderApr 12, 2024, 3:27 pm100 pts
Analysts at Bank of America have decided to cut the price target for Tesla stock (NASDAQ: TSLA). The firm also suggested the electric automaker take one of two strategies to get back on track. BoA slashed its price target on Tesla by over 20 percent from $280 to $220, maintaining its ‘Neutral’ rating on the…

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