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Jefferies Reaffirms Their Hold Rating on Tesla (TSLA)

Tipranks - Tipranks - Tue Apr 21, 2:50AM CDT

Jefferies analyst Philippe Houchois maintained a Hold rating on Tesla today and set a price target of $350.00.

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According to TipRanks, Houchois is a 5-star analyst with an average return of 15.3% and a 51.79% success rate. Houchois covers the Consumer Cyclical sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Stellantis, and Mercedes-Benz Group.

In addition to Jefferies, Tesla also received a Hold from Barclays’s Dan Levy in a report issued on April 15. However, on the same day, TD Cowen maintained a Buy rating on Tesla (NASDAQ: TSLA).

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Based on Tesla’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $24.9 billion and a net profit of $840 million. In comparison, last year the company earned a revenue of $25.71 billion and had a net profit of $2.31 billion

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