Bryan Logan/Business Insider Patrick Hummel of UBS on Thursday more than doubled his Tesla price target to $410 but still has a "sell" rating on the company. Shares dipped as much as 2% in early trading Thursday. An analyst at Exane BNP Paribas also downgraded the company to "neutral" from "outperform." "We think shares are over-shooting right now," Hummel wrote in a Thursday note. Watch Tesla trade live on Markets Insider.
Here's why one Wall Street bank doubled its Tesla price target, but still says 'sell' (TSLA)
Business Insider - 23 Jan 2020 16:58
Bryan Logan/Business Insider Patrick Hummel of UBS on Thursday more than doubled his Tesla price target to $410 but still has a "sell" rating on the company. Shares dipped as much as 2% in early trading Thursday. An analyst at Exane BNP Paribas also downgraded the company to "neutral" from "outperform." "We think shares are over-shooting right now," Hummel wrote in a Thursday note. Watch Tesla trade live on Markets Insider.
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