Tesla Price Target Cut
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Business & Economics
Tesla Stock Has 73% Upside, According to 1 Wall Street Analyst

67% Informative
Stifel analyst Stephen Gangaro recently cut his price target on Tesla (NASDAQ: TSLA) to $ 450 from $ 455 , maintaining a buy rating on the stock.
A price target cut is never great news, but it's not a material reduction, and the target still implies a 73% upside over the next 12 months .
Management confirmed Tesla is on track to release lower-cost models this year .
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