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Brace for disappointment when Tesla rolls out its first-quarter delivery numbers.

That’s the advice from Baird analysts, who say the Wall Street’s consensus estimate for the EV maker’s

TSLA deliveries of 437,500 is far higher than the 369,400 that they expect, by roughly 16%. Analysts Ben Kallo and Davis Sunderland also dropped their price target to $370 per share from $440, designating the stock a “bearish fresh pick.”

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