Cantor Fitzgerald Reiterates Overweight Rating on Tesla (TSLA)
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Cantor Fitzgerald analyst Andres Sheppard reiterated an Overweight rating on Tesla (NASDAQ: TSLA).
The analyst commented, “the company has prioritized domestic sourcing and maintains a high degree of vertical integration (minimizing exposure to import tariffs). Thus, we see it as better positioned and less impacted relative to other OEMs (however, we do expect some consumer backlash from Elon's polarizing politics to affect demand, particularly in China and Europe, due to geopolitics).”
For an analyst ratings summary and ratings history on Tesla click here. For more ratings news on Tesla click here.
Shares of Tesla closed at $252.31 yesterday.
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