Morgan Stanley lowered the target price on Tesla to $ 810, while Barclays repeated the $ 230 view


Morgan Stanley analyst Adam Jonas dropped his target price on Tesla TSLA,
+ 0.73%
At $ 540 to $ 810 he repeated an overweight call at the electric vehicle manufacturer. “In our opinion, Tesla is still the best-placed company in EVs and AVs under our coverage due to its people, its technology, business model and access to capital. Furthermore, it is important to note that the company’s environment There is no complication with it. Analysts said its legacy is burdened. Put it all together and we believe that Tesla’s business model delivers recurring mobility services revenue faster and more profitably than the competition Unlocked. Separately, Barclays analyst Brian Johnson repeated a low-weight call with a $ 230 price target. He added, “With 15x EV / share trading on sale, Tesla is one of the multiples of the new EV EV. Trading up well, and to a greater extent than multiples of legacy automobiles, “he said, there is a risk Tesla will push sales up on prices and margins. Tesla closed at $ 735.11 on Tuesday.

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