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Home invest in investing living frugal what to invest in Goldman Sachs: Tesla shares to drop more than 30 percent in the next 6 months on weak Model 3 deliveries. Reaffirm sell rating

Goldman Sachs: Tesla shares to drop more than 30 percent in the next 6 months on weak Model 3 deliveries. Reaffirm sell rating

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  • Goldman analyst David Tamberrino reaffirms his sell rating for Tesla shares, predicting Model 3 deliveries will come in below expectations.
  • "We continue to expect a slow ramp for the Model 3," he writes.
  • The analyst reiterated his $205 six-month price target for Telsa shares, representing 36 percent downside to Friday's close.

https://www.cnbc.com/2018/03/19/goldman-tesla-shares-to-drop-more-than-30-percent-in-the-next-6-months-on-weak-model-3-deliveries.html



Submitted March 19, 2018 at 12:40PM by MedPhys16 http://ift.tt/2u5JWVY
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