Tesla, Inc. (NASDAQ:TSLA – Get Free Report)’s share price traded down 0.7% on Thursday . The stock traded as low as $172.73 and last traded at $173.77. 22,509,458 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 97,444,984 shares. The stock had previously closed at $175.00.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. Cantor Fitzgerald assumed coverage on Tesla in a report on Thursday, May 2nd. They issued an “overweight” rating and a $230.00 price objective for the company. China Renaissance started coverage on Tesla in a report on Monday, February 26th. They set a “hold” rating on the stock. Truist Financial reduced their price objective on Tesla from $176.00 to $162.00 and set a “hold” rating for the company in a research note on Wednesday, April 24th. Roth Mkm reissued a “neutral” rating and issued a $85.00 price…
