Tesla shares are trading lower after Morgan Stanley downgraded the stock from Overweight to Equal-Weight but raised its price target from $200 to $250.
Portfolio Pulse from Bill Haddad
Tesla's stock is trading lower after Morgan Stanley downgraded it from Overweight to Equal-Weight, but increased its price target from $200 to $250.
June 22, 2023 | 11:17 am
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Tesla shares are trading lower after Morgan Stanley downgraded the stock and raised its price target.
Tesla's stock is trading lower due to the downgrade by Morgan Stanley, which may cause investors to reevaluate their positions. However, the raised price target could provide some support.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100