US EditionAnalyst sets Tesla stock price target
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Analyst sets Tesla stock price target
Tesla’s (NASDAQ: TSLA) stock may be headed for rougher valuation terrain before it climbs higher, according to Morgan Stanley analyst Adam Jonas. In a research note published on Monday, May 19, Jonas reaffirmed a $410 price target on Tesla, despite mounting concerns about how the electric vehicle giant is being valued. At the time of publication, Tesla shares were trading at $339.64, down 2.95% on the day. That puts Jonas’s price target 20.7% a…
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