Gary Black, the managing partner of The Future Fund LLC, tweeted his views on the factors affecting the pre-market movement today. First, he pointed to the hawkish tone of the Federal Reserve’s meeting on Tuesday. Second, he talked about Target Corporation’s (TGT) big Q1FY22 earnings miss, which is rightly making waves in the market. It was his third factor that came in as a surprise. Black disclosed that Piper Sandler analyst Alexander Potter had revised Tesla’s (TSLA) target price lower! As per his tweet, Potter has cut the price target on Tesla to $1,035 from $1,260, which implies a 36.9% upside potential to current stock price levels.
https://www.tipranks.com/news/gary-black-tweets-about-factors-affecting-todays-market?utm_source=advfn.com&utm_medium=referral
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Jun 2022 to Jul 2022 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Jul 2021 to Jul 2022 Click Here for more Tesla Charts.