Morgan Stanley Reiterates Equal-Weight on Tesla, Maintains $250 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has reiterated an Equal-Weight rating on Tesla (NASDAQ:TSLA) and maintained a $250 price target.
July 21, 2023 | 3:12 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Tesla and maintained a $250 price target.
The news is directly about Tesla and its stock rating by Morgan Stanley. The Equal-Weight rating suggests that Morgan Stanley believes Tesla's stock is fairly valued at its current price. The maintained price target of $250 indicates that the analyst does not expect significant price movement in the short term. Therefore, the short term impact on Tesla's stock price is likely to be neutral.
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