Goldman Sachs analyst Mark Delaney downgrades Tesla stock to Hold from Buy while raising his price target to $248 from $185.
Tesla stock got its fourth downgrade in a week. Goldman Sachs sees waning customer demand continuing to hit gross margins.
Tesla shares extended declines Monday after Goldman Sachs lowered its rating on the EV maker, citing near-term pressure on the group's profit margins and ...
Trends often have a tendency to snowball and gain momentum. One recent phenomenon in which an increasing number of Street analysts seem to be participating ...
"Valuation is full. Tesla trades at a higher multiple than other fast growing tech companies" like Nvidia and AMD, Goldman Sachs said.
Wall Street continues to grow cautious on an astronomical surge in shares of Tesla this year, with Goldman Sachs cutting the stock to the equivalent of a...
After enjoying a more than $90 billion jump in his wealth this year, world's richest person Elon Musk has now lost $11.1 billion in a single day.
Tesla shares were up 1.7% in early trading Tuesday, while the S&P 500 SPX +0.31% and Nasdaq Composite COMP +0.57% were up about 0.5% and 0.6%, respectively.
The rally took the shares to the trillion dollar level, prompting some analysts to question its valuation and downgrade the stock.
Goldman Sachs, Morgan Stanley, and Barclays have all warned that Tesla shares could be overvalued after the EV maker's breakneck rally.
Tesla (NASDAQ:TSLA) stock rebounded strongly, gaining about 96% so far this year. However, the EV (electric vehicle) giant's rally has led severaltop Wall ...
Tesla shares (ticker: TSLA) were up 3% in Tuesday, while the S&P 500 SPX +0.31% and Nasdaq Composite COMP +0.57% were up about 1% and 0.6%, respectively.