Bernstein lowered its price target on Tesla, calling for 30% downside.
Meanwhile, Mizuho raised its price target on Micron, citing a growing AI opportunity.
The firm reiterated a buy rating on the computer storage and memory stock on Monday and raised its price target to $130 per share from $124.
— Brian Evans 5:53 a.m.: Bernstein cuts Tesla price target Longtime Tesla bear Toni Sacconaghi lowered his price target on the EV maker to $120 from $150, citing growing demand constraints.
TSLA YTD mountain TSLA ytd — Fred Imbert
Persons:
Bernstein, Mizuho, Jason Getz, — Brian Evans, Toni Sacconaghi, Tesla, Sacconaghi, Fred Imbert
Organizations:
CNBC, Micron, Mizuho, Mizuho Securities
Locations:
China, Europe