Morgan Stanley Analyst's Car Shopping Experience Showed Him How Similar Tesla Is To Amazon Prime
Portfolio Pulse from Anan Ashraf
Morgan Stanley analyst Adam Jonas shared his car shopping experience, highlighting the advantages of Tesla's ownership of its own stores. He maintained an 'overweight' rating on Tesla with a $200 price target. Tesla's consistent pricing across stores and easy shopping experience were noted as key advantages over traditional car buying.
June 08, 2023 | 6:00 am
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Morgan Stanley analyst Adam Jonas maintained an 'overweight' rating on Tesla with a $200 price target, highlighting the advantages of Tesla's ownership of its own stores.
The analyst's positive remarks on Tesla's ownership of its own stores and the advantages it brings to the car buying experience can boost investor confidence in the company. This may lead to a short-term positive impact on Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100