Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Polestar Automotive Holding UK (PSNY – Research Report) and Tesla (TSLA – Research Report).
Polestar Automotive Holding UK (PSNY)
In a report released yesterday, Dan Levy from Barclays maintained a Sell rating on Polestar Automotive Holding UK, with a price target of $2.00. The company’s shares closed last Thursday at $1.46, close to its 52-week low of $1.30.
According to TipRanks.com, Levy is a 4-star analyst with an average return of
Polestar Automotive Holding UK has an analyst consensus of Hold, with a price target consensus of $3.43.
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Tesla (TSLA)
Citi analyst Itay Michaeli maintained a Hold rating on Tesla yesterday and set a price target of $180.00. The company’s shares closed last Thursday at $174.60, close to its 52-week low of $152.37.
According to TipRanks.com, Michaeli has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Tesla with a $186.60 average price target, an 8.1% upside from current levels. In a report issued on April 2, Mizuho Securities also maintained a Hold rating on the stock with a $195.00 price target.
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