Tesla's biggest Wall Street bull slashes its price target more than 20% amid the coronavirus market rout (TSLA)
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Rebecca Cook/Reuters

On Tuesday, Joseph Osha of JMP Securities lowered his Tesla price target to $840 from $1,060, a more than 20% cut. 

He previously held the highest Tesla price target on Wall Street. 

The lowered target comes amid the impact Osha sees Tesla facing in the coronavirus pandemic, which has shuttered multiple factories. 

Still, Osha maintained his outperform rating on the stock. 

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