Jun 21, 12:38 PM

RBC Analyst Narayan Cuts Tesla's PT to $227, Maintains Outperform Rating

RBC Capital Markets analyst Tom Narayan reduces Tesla's price target from $293 to $227 per share due to lower robotaxi estimates, while maintaining an Outperform rating. The revision is based on allocating a bigger revenue share to Service Providers like Uber/Lyft.

#RBC Capital Markets #Tom Narayan #Tesla #Outperform #Service Providers

Written with ChatGPT (GPT-3).

Sources

TheStreet@TheStreet
2 years ago
Analysts weigh in on Tesla stock price target, deliveries and robotaxis https://t.co/JeKH4uGQM8
Steve Burns@SJosephBurns
2 years ago
Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%: CNBC $TSLA
Reuters Legal@ReutersLegal
2 years ago
Tesla and opponents of Elon Musk's compensation clashed over ways to resolve the legal quagmire that has engulfed the CEO's $56 billion pay package and billions of dollars in potential legal fees generated by the case https://t.co/mswN2HjFGH https://t.co/m9IlJp1kuK

RBC Analyst Narayan Cuts Tesla's PT to $227, Maintains Outperform Rating

Sources

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