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Citi Turns Bullish On Tesla; Here’s A Look At Other Price Target Changes By The Most Accurate Analysts

Citi analyst Itay Michaeli upgraded Tesla Inc (NASDAQ: TSLA) to Neutral from Sell with a price target of $176. Michaeli sees around 4% decline in the stock and has an accuracy rate of 53%. Analyst predicated the action on the year-to-date pullback that has balanced out near-term risk/reward.

TSLA

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US Stocks Fight Hard To Sustain Upward Momentum In Friday’s Truncated Session — Bond Yields, Tesla, Energy Stocks In Focus

U.S. stocks may return to their defensive ways after a dovish Federal Open Market Committee meeting sparked a rally in the previous session. The index futures are pointing to a modestly higher opening on Friday.

AAPL

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Markets Turn More Bullish As Fed Minutes Signal Slower Interest Rate Hikes

The CNN Money Fear and Greed index showed an improvement in overall market sentiment after US stocks closed higher for second straight day. Minutes from the Fed’s meeting indicated that the central bank is looking to slow the pace of interest rate increases. Earlier in November, the Fed raised rates by 75 bps for fourth time in a row.

LITB