Stifel Trims Tesla Target to $455 Amid Political H…
From Financial Modeling Prep: 2025-03-31 10:43:00
Stifel lowered Tesla’s price target from $474 to $455 due to softening consumer sentiment among Democrats and the upcoming Model Y refresh, known as Juniper. The firm’s Think Tank Group data showed a drop in Tesla’s favorability among Democratic voters, impacting U.S. sales in Q2 and Q3. The transition to the updated Model Y may also pause demand temporarily.
Despite near-term challenges, Stifel maintains a Buy rating on Tesla, citing its strong brand, expanding product lineup, and innovation pipeline as drivers of long-term value.
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