Citigroup: Maintains "Sell" rating on Tesla (TSLA.US) with a target price of $159

智通财经网2021-04-27

According to Zhitong Finance APP, on Tuesday,CitiAnalyst Itay Michaeli maintains his viewTesla(TSLA.US) with a "sell" rating and a target price of $159.

Michaeli stated that Tesla's first-quarter financial report was "mixed," with gross profit margin and free cash flow exceeding market expectations, but operating profit falling short of expectations, mainly due to increased operating expenses. His full-year expectations for Tesla are in line with the market, but he pointed out that Model S/X sales are expected to decline.

He stated that Tesla's results, which fell short of market expectations, and its subsequent stock price decline in after-hours trading, were an expected negative market reaction, suggesting that the market may perceive Tesla's performance as "unsatisfactory."

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Comments

  • 敏敏猪__
    2021-04-28
    敏敏猪__
    想跌到159好上車吧，休想騙我[得意] 
  • 17481feb
    2021-04-28
    17481feb
    。。。不要搞笑好不好
  • 屁屁鬼
    2021-04-27
    屁屁鬼
    I have low trust in bank analyst target. Biased.
    • keaty: 
      never listen too much. they just advertising, behind we don't who pay for that ads. this is the game all the while. if so easy to make money why bother to tell us . just go make that money themselves.
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