"Tesla Inc. shares have faced a decline of 7.72% recently, resulting in a more than 31% drop since the year-to-date high on February 15."
"Goldman Sachs increased TSLA's price target to $315 from $285 while keeping a 'Neutral' rating, following the report of preliminary Q2 vehicle deliveries."
"Benchmark analyst Mickey Legg raised Tesla's price target to $475 while maintaining a 'Buy' rating, seeing the company as a top pick for 2025."
"Tesla's stock has gone through crashes before, but potential recovery may provide significant buying opportunities in the medium term despite current bearish trends."
Tesla Inc. shares have decreased by 7.72% over the past five trading sessions and are down more than 31% from this year's peak in February. CEO Elon Musk's feud with President Trump has negatively impacted market reactions. Goldman Sachs raised Tesla's price target to $315 from $285 while holding a 'Neutral' rating after reporting around 384,000 vehicle deliveries. Benchmark analyst increased the price target to $475, citing the robotaxi launch, while several analysts predict decreased Q2 delivery expectations. Tesla faces intensified competition and potential market pressures ahead.
Read at 24/7 Wall St.
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