Wells Fargo & Company (Rank#11) issued a research report on Thursday, October 19th, and cut the 12 month target forecast on Tesla’s stock to $250 from $260 per share. Wells Fargo maintained the “Overweight” rating on the stock.
Morgan Stanley & Co. (Rank#1) also cut the 12 month target forecast on Tesla’s stock to $380 from $400 per share. Morgan Stanley maintained the “Outperform” rating on the stock.
Wedbush Securities (Rank#39) lowered their target forecast to $310 from $350 per share.
Morningstar (Rank#81) upgraded the stock from a Sell to a Hold rating, and maintained the $210 target forecast.