Tesla’s valuation needs to be more ‘grounded’ to profit, analyst says

Tesla’s valuation needs to be more ‘grounded’ to profit, analyst says

Jefferies analysts on Tuesday cut their ratings on Tesla Inc. stock to hold, saying they needed more visibility into the companys potential profit and its planned battery day. The analysts raised their price target on Tesla TSLA, -3.55%  shares to $800 fr…
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