Why Tesla's Stock Is Trading Higher Today
Tesla (NASDAQ: TSLA) shares are trading higher on Monday after getting a price target raise.
Morgan Stanley raised its price target on Tesla's stock from $440 to $680.
On Friday, Tesla CEO Elon Musk said in a tweet that Tesla's stock price was too high, which sent shares down 11%. Musk said he's also rethinking his "attachment to the material world" and will be "selling almost all physical possessions."
Tesla's stock was trading up 4.8% to $735 per share at time of publication on Monday. The stock has a 52-week high of $968.99 and a 52-week low of $176.99.
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Latest Ratings for TSLA
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Jan 2021 | Wedbush | Maintains | Neutral | |
| Jan 2021 | Edward Jones | Initiates Coverage On | Hold | |
| Jan 2021 | Credit Suisse | Maintains | Neutral |
View More Analyst Ratings for TSLA
View the Latest Analyst Ratings
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