Morgan Stanley raises its 'bull case' on Tesla to $1200

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Morgan Stanley's most optimistic scenario would mean that the Tesla rally continues, with shares climbing another 50%.

Morgan Stanley raised its "bull case" scenario for Tesla shares to $1,200 a share from $650 a share.But Morgan Stanley's overall view continues to be that Tesla's stock will fall, as the firm stuck by its underweight rating and has a price target of $500 a share.Morgan Stanley raised its "bull case" scenario forTesla shares have more than tripled in the past six months.

"Our new bull case reflects 4 million units of auto volume by 2030 with a 12% operating margin. This compares with our base case forecast of 2.2 million units and a 10% OP margin by 2030," Jonas said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They said 10$ target when they were buying now they say 1200$ target when they are actually selling

amazing - they were just lead underwriter for the secondary that they priced at $767....just Wall St being Wall St. You give us the business we take care of the rest.

BayAreaBS

MylesUdland CGrantWSJ lopezlinette Are Morgan Stanley analysts smoking pot right now?

Short it.

Sure. Just keep printing money and poor it into this ponzi wall street club. Wonder if we still can buy a (Tesla) car under $1Million in the year 2025.

Based on what? The car sell for $80k and prices over $400k comeonman

the biggest bear making the most stupid bullish call….

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategistYou would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. Yet Andrew Sheets, chief cross-asset strategist at Morgan Stanley, says there are late-cycle indicators in current markets. Is that the million dollar highway in Colorado?
Source: MarketWatch - 🏆 3. / 97 Read more »

Away from S&P 500 and other top indexes, markets are behaving as if it’s late in the cycle: Morgan Stanley strategistYou would have a hard time convincing someone looking at the major U.S. stock-market benchmarks that it is looking like the end of the cycle. Yet Andrew... No way. Buy stocks. Fed will save us from rainy days.
Source: MarketWatch - 🏆 3. / 97 Read more »

Piers Morgan confused Dylan McDermott for David Schwimmer in Oscars blunderThe Good Morning Britain star spent five minutes congratulating American Horror Story's Dylan McDermott after confusing him with Friends star David Schwimmer Honest mistake..except McDermott can act and Schwimmer can not.
Source: Mirror Celeb - 🏆 476. / 51 Read more »

Piers Morgan awkwardly confused Dylan McDermott for David Schwimmer at OscarsThe Good Morning Britain star spent five minutes congratulating American Horror Story's Dylan McDermott after confusing him with Friends star David Schwimmer
Source: Mirror Celeb - 🏆 476. / 51 Read more »

Coronation Street star Nicola Thorp calls out Piers Morgan for trolling herCorrie's Nicola Thorp referred to a red carpet photo of her that Piers Morgan had shared on social media and berated him for giving trolls the gateway to attacking her DailyMirror piersmorgan is always picking on women on twitter MirrorTV They are as bad as each other
Source: Mirror Celeb - 🏆 476. / 51 Read more »

Magnificent Morgan guides England to T20 series winCaptain Eoin Morgan scored a brilliant unbeaten 57 from 22 balls as England chas...
Source: Reuters - 🏆 2. / 97 Read more »