Tesla Stock Downgraded but Price Target Raised by BofA

Bank of America downgrades Tesla to 'neutral' but raises price target to $490, signaling potential growth catalysts for the electric car giant.

A modern and sleek Tesla car against a backdrop of stock market graphs, highlighting the dynamics of
Tesla Stock Downgraded but Price Target Raised by BofA

Tesla's stock was downgraded by Bank of America to 'neutral'. Despite this, the price target was raised to $490, reflecting potential growth catalysts.

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