Tesla (TSLA) Rises as Morgan Stanley Upgrades Two-Notches to Overweight
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Price: $374.01 -1.3%
Rating Summary:
29 Buy, 26 Hold, 16 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 14 | New: 29
Rating Summary:
29 Buy, 26 Hold, 16 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 14 | New: 29
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Shares of Tesla (Nasdaq: TSLA) are notably higher Monday morning as Morgan Stanley upgraded the stock two-notches, from Underweight to Overweight. The firm also boosted its price target from $45 up to $50.
Morgan Stanley said fears of a slower-than-expected introduction of Tesla's Model S are "overdone." Consensus expectations have fallen and shares have been underperforming as a result.
Ahead of the bell, Tesla is up about 7 percent.
For an analyst ratings summary and ratings history on Tesla Motors click here. For more ratings news on Tesla Motors click here.
Shares of Tesla Motors closed at $30.39 yesterday.
Morgan Stanley said fears of a slower-than-expected introduction of Tesla's Model S are "overdone." Consensus expectations have fallen and shares have been underperforming as a result.
Ahead of the bell, Tesla is up about 7 percent.
For an analyst ratings summary and ratings history on Tesla Motors click here. For more ratings news on Tesla Motors click here.
Shares of Tesla Motors closed at $30.39 yesterday.
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