Tesla Gains After Morgan Stanley Sees Buying Opportunity
- Date: 14-May-2021
- Source: Investing.com
- Sector:Transport
- Country:Middle East
Tesla Gains After Morgan Stanley Sees Buying Opportunity
By Dhirendra Tripathi
Investing.com – Tesla (NASDAQ:) shares rose 1% Friday, a bounce after Morgan Stanley (NYSE:) reiterated its overweight on the stock after the recent battering.
Analyst Adam Jonas also reiterated his $900 target for the stock, a level last seen in January. The stock is since down by more than one-third, an opportunity Jonas believes should be grabbed.