A Tesla bear cut its price target for the company by 6%, saying Elon Musk’s upcoming capital raise is too small (TSLA)

A Tesla bear cut its price target for the company by 6%, saying Elon Musk’s upcoming capital raise is too small (TSLA)

Jeffrey Osborne, an analyst at Cowen, cut his price target for Tesla from $160 to $150 in a note sent to investors on Friday. Osborne said he believed Tesla’s upcoming capital raise was “badly needed” but too small to cover future costs. “We update our …
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