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Tesla price target lowered to $375 from $430 at Mizuho

Mizuho lowered the firm’s price target on Tesla (TSLA) to $375 from $430 and keeps an Outperform rating on the shares. The 90-day pause on reciprocal tariffs does not apply to auto and auto parts, implying continued uncertainty and negative impacts to automotive and analog stocks, the analyst tells investors in a research note. The firm cut estimates across the sector.

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