GLJ Research maintains Tesla at Sell, keeps price target at $24.86

What happened

GLJ Research maintained its Sell rating on Tesla and kept its price target at $24.86. The article says that target implies a 93.7% decline from Tesla’s Nov. 12 closing price of $397.45. Five recent analyst targets listed range from $24.86 to $450.

Confirmed

Global impact / market context

A Sell rating and a target far below the cited closing price signal that GLJ Research expects substantial downside, but they are one analyst’s view, not a company forecast. If investors act on such views, Tesla shares could face selling pressure; the article gives no evidence of a market reaction.

Analyst inference

Recent views listed are widely spread: GLJ Research’s $24.86 target is below targets from four other firms, whose ratings range from Hold to Overweight and Buy. This disagreement suggests analysts differ sharply about Tesla’s value; the list does not explain why.

Analyst inference

What to watch

1. Whether GLJ Research changes its Sell rating or $24.86 target in a later update; the supplied article reports that both were maintained. Analyst inference
2. Whether other analysts revise their Tesla targets, given the listed range from $24.86 to $450 and the different ratings in recent notes. Analyst inference
3. Whether Tesla’s share price moves toward or away from the cited target; the article provides a comparison with the Nov. 12 close, not later trading data. Analyst inference

Evidence

• Original source link unavailable