Morgan Stanley Maintains Overweight on Tesla, Lowers Price Target to $380
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Jonas has maintained an Overweight rating on Tesla (NASDAQ:TSLA) but lowered the price target from $400 to $380.

October 19, 2023 | 2:45 pm
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Morgan Stanley has maintained an Overweight rating on Tesla but lowered the price target from $400 to $380.
The news is directly related to Tesla. While the Overweight rating indicates a positive outlook, the lowering of the price target might create some uncertainty among investors. However, the impact on the stock price is likely to be neutral in the short term as the lowered price target is still relatively high.
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