Barclays Says Tesla Has ‘Confusing Set-up’ For Q1 Earnings, Cuts Price Target

Tesla Price Target Slashed To $275 By Barclays Amid Margin Woes, But Elon Musk’s FSD Push Could Lift Sentiment - Ford Motor (NYSE:F), General Motors (NYSE:GM)

Barclays has revised its price target for Tesla Inc. (NASDAQ:TSLA) from $325 to $275, attributing the downgrade to weak fundamentals. What Happened: Barclays, led by analyst Dan Levy, maintained an equal weight rating on Tesla’s stock but lowered the price target following a review of Tesla’s Q1 performance, as reported by Investing.com. Barclays believes that, despite the downgrade, the market could respond positively if sentiment around Tesla …

Barclays Says Tesla Has ‘Confusing Set-up’ For Q1 Earnings, Cuts Price Target

Barclays sharply cut its price target on Tesla on Friday, just days ahead of the electric carmaker’s first-quarter earnings report.