NEW STREET CUTS TESLA TO NEUTRAL: New Street analyst Pierre Ferragu downgraded Tesla (TSLA) to Neutral from Buy with an unchanged one-year price target of $800. The analyst said that over the next year, there is not likely going to be anything making him more confident in the stock, as all the potential catalysts are over a year out. Ferragu recommended buying the stock after the short squeeze is over, on a pullback.
well, Monsieur Ferragu, you might be right but you might be wrong...who knows