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Tesla Motors (TSLA) PT Lowered to $313 at Citi on 'Model 3 Demand Analysis'

June 6, 2018 6:58 AM EDT

Citi lowered its price target on Tesla Motors (NASDAQ: TSLA) to $313.00 (from $347.00) while maintaining a Neutral rating, following a model update to the company's outlook.

Analyst Itay Mitchell notes a reduced outlook on the shares, citing TSLA Model 3 demand derived from sales and... More