While the bank raised its price target on the stock to $490 from $400, analysts caution that “execution risk is high and TSLA is trading at a level that captures much of our base case long-term potential from core autos, robotaxi, Optimus, and energy generation & storage.”

BofA Securities analyst John Murphy downgraded shares of electric-vehicle maker Tesla to Hold, but his new target price implies about 17% upside.

Tesla Inc.’s stock slipped 0.9% Tuesday, after Bank of America downgraded the stock to neutral from buy, arguing that it already reflects the long-term potential of such items as robotaxi and energy storage,

The most talked about and market moving research calls around Wall Street are now in one place. Here are today’s research calls that investors