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Tesla posts record profits, offers muddy outlook for batteries, Cybertruck

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Tesla (TSLA) PT Lowered to $768 at Canaccord Genuity, Keeps 'Buy'

July 27, 2021 7:24 AM EDT

Canaccord Genuity analyst Jed Dorsheimer lowered the price target on Tesla (NASDAQ: TSLA) to $768.00 (from $812.00) while maintaining a Buy rating. The analyst commented:

Tesla delivered a surprisingly strong Q2. We are maintaining a BUY rating as our multi-year thesis of Teslas strategic move to dominate the solar... More