Tesla's share price fell 1.3% after Royal Bank of Canada lowered its price target from $293.00 to $227.00.
Tesla's (TSLA) share price fell 1.3% due to Royal Bank of Canada lowering its price target from $293.00 to $227.00, while maintaining an outperform rating. The stock had traded as low as $180.72 and last traded at $182.46, with a significant drop in trading volume. Other analysts have also issued research reports, with Mizuho reducing its price target to $180.00 and Sanford C. Bernstein setting an "underperform" rating and $120.00 target price.
June 20, 2024
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