By Finance Pulse in price target —

Tesla Downgraded to Neutral by BofA Despite Price Target Increase

Tesla's shares were downgraded to Neutral by Bank of America. Despite a 60% rise since April, execution risks prompt a target price increase to $490.

A sleek and modern Tesla car against a backdrop of financial graphs and charts, symbolizing stock ma
Tesla Downgraded to Neutral by BofA Despite Price Target Increase

Tesla was downgraded to Neutral by Bank of America, with a raised price target of $490 due to execution risks despite a 60% share increase since April.

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