Loading...
Loading...
In a report published Tuesday, Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on
Tesla MotorsTSLA, and raised the price target from $153.00 to $320.00.
In the report, Morgan Stanley noted, “Tesla's quest to disrupt a trillion $ car industry offers an adjacent opportunity to disrupt a trillion $ electric utility industry. If it can be a leader in commercializing battery packs, investors may never look at Tesla the same way again. Target rises to $320 as our volume assumptions double.”
Tesla Motors closed on Monday at $217.65.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in