Tesla Price Target Gets Cut. Long-Time Bull Says China Headwinds 'Hard to Ignore.'


Source: barrons.com barrons.com

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This market hasn’t been kind to growth stocks. Inflation, rising rates, geopolitical uncertainty, and remaining Covid-19 issues are haircutting valuations. Tesla is no exception. Wedbush analyst and long-time Tesla (ticker: TSLA) bull Dan Ives on Thursday cut his Tesla price target to $1,000 a share from $1,400. Ives kept his Buy rating on the stock. China...