Morgan Stanley Reiterates Overweight on Tesla, Maintains $400 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has reiterated an Overweight rating on Tesla, maintaining a price target of $400.
September 28, 2023 | 1:45 pm
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Morgan Stanley has reiterated an Overweight rating on Tesla, maintaining a price target of $400.
The reiteration of an Overweight rating by Morgan Stanley indicates a positive outlook for Tesla. The maintained price target of $400 suggests that the analyst believes the stock is undervalued at current levels, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100