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Tesla's stock faces mixed investor sentiment despite a high market cap of $770B and a price target of $312.65.
Tesla's stock, which opened at $239.43, has seen mixed institutional investor activity.
Cascades Capital Asset Management LLC increased its holdings by 3.7% to 1,392 shares, while others like Hemenway Trust Co LLC and KCM Investment Advisors LLC reduced their holdings.
Tesla reported $0.66 EPS, missing estimates by $0.08.
The stock has a market cap of $770.13 billion and a P/E ratio of 117.37.
Analysts forecast 2.56 EPS for the year, with a consensus "Hold" rating and a price target of $312.65.
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Las acciones de Tesla enfrentan sentimientos mixtos de los inversores a pesar de un alto tope del mercado de $770B y un objetivo de precio de $312.65.