Shares of Tesla are poised for a 2% decline at the open as the rest of the market wrestles with results from financials (mixed bag there with Citi +3% and JPM -1.2%). Spoos are up 3 points.The decline in TSLA follows an 8% drop yesterday that came on the heels of a sensational 11-day rally. The sell target from UBS is $197 as they say the stock ran too much and too soon:Increasingly difficult to justify valuationWe are downgrading TSLA from Neutral to Sell. TSLA is more than just an auto company, and there are some positive developments (e.g. Energy, FSD) that add additional support. This is increasingly important as expectations for the Auto business deteriorate. TSLA has always had a premi
Hence then, the article about us stock futures slightly higher tesla gets a sell rating was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( US stock futures slightly higher, Tesla gets a sell rating )