Analyst sentiment toward Tesla stock is finally feeling the impact of the market environment. How can investors tell? Tesla stock price targets have been falling even as earnings estimates rise.
Piper Sandler analyst Alexander Potter on Wednesday cut his Tesla (ticker: TSLA) price target to $1,035 from $1,260. He kept his Buy rating on shares. Potter cited the potential for a weaker-than-hoped second-quarter earnings report. There are the dual drags of Shanghai shutdowns and new capacity ramp-ups.
Tesla’s…