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In response to
"JP Morgan cuts Tesla price target from $308 to $195. Dont think it is going up today TWUG -- nm"
by
Bacon
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More accurately, they put their price target back where it was before all the buyout shenanigans. -- (edited)
Posted by
znufrii
Aug 20 '18, 06:41
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Yes, reports that the Saudis are preparing to back one of their competitors is not a good sign for a potential deal, but this does not represent a change in their view of the fundamentals of the company.
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