Morgan Stanley Upgrades Tesla to Overweight, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has upgraded Tesla from Equal-Weight to Overweight and raised the price target from $250 to $400.
September 11, 2023 | 8:49 am
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Tesla's stock has been upgraded to Overweight by Morgan Stanley with a new price target of $400, up from $250.
The upgrade from Morgan Stanley is a positive signal for Tesla. The new price target of $400, significantly higher than the previous $250, indicates a strong bullish sentiment from the analyst. This could potentially drive the stock price up in the short term.
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