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Home / Business / Cowen lowers Tesla price target to $ 180. Model 3 deliveries may be weak

Cowen lowers Tesla price target to $ 180. Model 3 deliveries may be weak



  A couple are looking at a Tesla Motors Inc. Model S at the company's store at Short Hills Mall in Short Hills, New Jersey.

Emile Warnsteker | Bloomberg | Getty Images

A couple are looking at a Tesla Motors Inc. Model S at the company's store at Short Hills Mall in Short Hills, New Jersey.

Wall Street research firm Cowen lowered its Tesla price target from $ 200 to $ 180 on Friday, data suggests that quarterly deliveries may fall below expectations, even with Tesla's "typical ending quarter-push".

"The management is likely to assign the probable delivery risk to vehicles in transit to Europe and China, but we think low demand in the US is also a factor," Osborne said.


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