Tag: Motor vehicles

Business Morgan Stanley upgrades Tesla stock and boosts be aware target on high hopes for battery trade

Business Morgan Stanley upgrades Tesla stock and boosts be aware target on high hopes for battery trade

} Reuters Morgan Stanley analyst Adam Jonas upgraded Tesla shares to “equal-weight” from “underweight” late Thursday, citing a bullish outlook for the company’s third-party battery sales. The bank also lifted its price target for Tesla stock to $1,360 from $1,050. The target still implies a 16% decline from Thursday’s close. The automaker’s third-party battery and…

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