---
title: "Rating Quick Look: NVIDIA and Super Micro Computer's target prices have been significantly raised! Tesla suffers a drastic price cut."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/109930263.md"
description: "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."
datetime: "2024-03-14T09:30:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/109930263.md)
  - [en](https://longbridge.com/en/news/109930263.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/109930263.md)
---

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

### Citibank: Lowering Tesla's Target Price from $200 to $120

Analysts believe that Tesla's sales volume will remain flat this year. By 2025, the situation will worsen, with a decline in sales volume.

The core issue facing Tesla is that its once strong growth capability has diminished. Despite multiple price cuts to stimulate demand, the results have been minimal. Revenue and profit growth have significantly slowed down, yet its valuation remains significantly higher than other large growth stocks.

### Bank of America: Reiterates "Buy" Rating for NVIDIA, Raises Target Price from $925 to $1100

Bank of America stated that despite NVIDIA's market value reaching $2.2 trillion, its stock price is still considered reasonable.

"Despite its outstanding performance since the beginning of the year, NVIDIA's valuation and ownership are still attractive compared to its semiconductor/IT peers."

Although NVIDIA's core business has achieved remarkable success, the company's current NTM valuation (37 times) is still lower than the valuation when ChatGPT was first launched in 2022 (44 times). The bank believes that the stock's trading price falls within the historical expected P/E ratio range of 26 to 69 times.

### Bank of America: Reiterates "Buy" Rating for Super Micro Computer, Raises Target Price from $1040 to $1280

"Super Micro Computer's competitive advantages include its modular architecture, which helps in quickly integrating new technologies and shortening time to market, relationships with leading AI CPU/GPU/ASIC suppliers (including Intel, NVIDIA, and AMD), its ability to customize configurations based on specific customer applications, and its liquid cooling products."

### Goldman Sachs: Gives Li Auto-W a "Buy" Rating, Target Price of HKD 215

The bank stated that the company has upgraded the equipment diversity of the L series models, with the new proposed retail prices for L7 and L8 being 18,000, 20,000, and 30,000 yuan lower than last year's Air/Pro/Max versions, respectively.

### Related Stocks

- [Tesla, Inc. (TSLA.US)](https://longbridge.com/en/quote/TSLA.US.md)
- [NVIDIA Corporation (NVDA.US)](https://longbridge.com/en/quote/NVDA.US.md)
- [Super Micro Computer, Inc. (SMCI.US)](https://longbridge.com/en/quote/SMCI.US.md)
- [Li Auto Inc. (LI.US)](https://longbridge.com/en/quote/LI.US.md)
- [LI AUTO-W (02015.HK)](https://longbridge.com/en/quote/02015.HK.md)
- [GraniteShares 2x Long NVDA Daily ETF (NVDL.US)](https://longbridge.com/en/quote/NVDL.US.md)
- [Wells Fargo & Company (WFC.US)](https://longbridge.com/en/quote/WFC.US.md)

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