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

智通财经网2021-04-27

Zhitong Finance APP learned that on Tuesday,CitigroupAnalyst Itay Michaeli maintains hisTesla(TSLA.US) has a "sell" rating and a target price of $159.

Michaeli said that Tesla's first-quarter financial report was "mixed". Among them, the gross profit margin of car sales and free cash flow exceeded market expectations, but operating profit was lower than expected, mainly due to the increase in operating expenses. His full-year forecast for Tesla is in line with the market, but noted that Model S/X sales are expected to decline.

He said that Tesla's announced results were lower than market expectations, and then the stock price fell after hours. This was an expected negative market reaction, which means that the market may think Tesla's performance is "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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