Citigroup: Gives Tesla (TSLA) a "Sell" rating with a target price of $175
凤凰网港股2021-07-12
Phoenix.com Hong Kong Stocks |CitiAnalyst Itay Michaeli gave his opinion onTesla(TSLA) Preliminary impressions of the "highly anticipated" FSD V9.0 beta. The analyst gave the stock a "sell" rating with a target price of $175.Analysts said that videos released by testers showed a significant improvement in the game's smoothness and visualization, but the speed at which it exits the game was not much different from before. The analyst said that although V9.0 was recently released, it does not seem to support optimism that Tesla will soon reach a high level of performance. Michaeli believes this is beneficial for LiDAR stock (BK0786) and other autonomous vehicle platforms.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.