- The shares of Tesla (TSLA) recently received a $330 price target. These are the details.
The shares of Tesla (TSLA) recently received a $330 price target.
Price target: $330
Rating: Overweight
Analyst firm: Morgan Stanley
Morgan Stanley analysts adjusted the rating while pointing out that Tesla shed about $0.5 trillion in market value in about two months and it is getting closer to the $150 bear case target, largely driven by price cuts in China, a deceleration in EV demand, and other market currents that include Elon Musk’s purchase of Twitter, and possible fallout from crypto markets.
Plus Morgan Stanley analysts questions whether a value opportunity is emerging. And the current price offers about a 100% potential upside to the $330 price target, which is the highest upside to the target they have seen from Tesla in over 5 years.
