21.12.2024 11:12:00
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2 Popular AI Stocks to Sell Before They Fall 49% and 62% in 2025, According to Certain Wall Street Analysts
Shares of Tesla (NASDAQ: TSLA) have surged 75% since the presidential election. But most Wall Street analysts now believe the stock is overvalued. The median 12-month target of $275 per share implies 38% downside from the current share price of $440.Joseph Spak at UBS is especially skeptical. He increased his price target to $226 per share in November, but kept his sell rating. He thinks the market is giving Tesla too much credit for its artificial intelligence (AI) ambitions. His outlook implies 49% downside.Shares of Palantir Technologies (NASDAQ: PLTR) have more than quadrupled this year due to a series of strong financial results. But most Wall Street analysts now view the stock as overpriced. The median 12-month target of $39 per share implies 47% downside from the current share price of $74.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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