Tesla Stock Catches a Double Downgrade. It’s Analysts vs. a Golden Cross.

June 23, 2023
Posted by: AliensFaith
Category: OBJECTIVE PRESS

Tesla stock is falling after the third Wall Street downgrade in as many days, but analysts are turning negative just as a technical indicator is turning positive. Friday, DZ Bank analyst Matthias Volkert double downgraded Tesla to Sell from Buy, skipping a Hold rating, according to Fly on the Wall, a stock ratings and news aggregation site. While Tesla stock was below his price target less than three weeks ago, it is now 26% above it, closing at $264.61 Thursday.

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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Tesla Stock Catches a Double Downgrade. It’s Analysts vs. a Golden Cross.

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