Tesla shares are trading higher amid analysts at Morgan Stanley raising their price target on the stock from $250 to $400.
Portfolio Pulse from Luke J Jacobi
Morgan Stanley analysts have raised their price target on Tesla shares from $250 to $400, leading to a rise in Tesla's stock trading.
September 11, 2023 | 11:57 am
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Tesla's stock is trading higher following Morgan Stanley's decision to raise their price target on the stock from $250 to $400.
The increase in Tesla's price target by Morgan Stanley indicates a positive outlook for the company's stock. This has led to an increase in the trading of Tesla's stock, suggesting a potential short-term rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100