Rating Quick Look: NVIDIA and Super Micro Computer's target prices have been significantly raised! Tesla suffers a drastic price cut.

LB Select
2024.03.14 09:30
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UBS Bank has lowered Tesla's target price from $200 to $120, believing that its core issue lies in the fact that its once strong growth capability has waned. Despite multiple price cuts to stimulate demand, the effect has been minimal. Revenue and profit growth have significantly slowed down, yet its valuation remains significantly higher than other large-cap growth stocks.