Tesla Gains After Morgan Stanley Sees Buying Opportunity

  • Date: 14-May-2021
  • Source: Investing.com
  • Sector:Transport
  • Country:Middle East
  • Who else needs to know?

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.