Tesla’s results disappointed Wall Street, prompting some analysts to lower expectations; TD COWEN reduced its target on the shares by $30 to $460 from $490 on July 23.
Tesla reported financial results that disappointed Wall Street, leading some analysts to cut their price targets on the stock. Among them, TD COWEN lowered its target for Tesla shares to $460 from $490 on July 23, a $30 reduction reported by BlockBeats. The source does not provide additional financial figures or detailed analyst commentary, but the target cuts indicate a more cautious near-term view following the earnings release.