Shares of Tesla, Inc. (NASDAQ:TSLA – Get Free Report) traded down 3.5% on Friday . The company traded as low as $209.06 and last traded at $209.18. 29,935,678 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 100,519,836 shares. The stock had previously closed at $216.86.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. New Street Research cut shares of Tesla from a “buy” rating to a “neutral” rating and set a $225.00 price objective on the stock. in a report on Wednesday, July 24th. Robert W. Baird reissued an “outperform” rating and set a $280.00 target price on shares of Tesla in a research note on Tuesday, July 16th. Evercore ISI lowered their target price on shares of Tesla from $155.00 to $145.00 and set an “in-line” rating on the stock in a research note on Monday, April 29th. Sanford C….
