BofA downgrades Tesla on valuation worries, lifts price target
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Tesla (TSLA) shares are under pressure after Bank of America analysts downgraded the stock to Neutral from Buy, citing valuation concerns. Despite the downgrade, analysts lifted their price target to $490 from $400. Seana Smith and Brad Smith examine what investors need to know on Morning Brief.
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This post was written by Naomi Buchanan.
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