A day after the big Tesla upgrade that moved the market, one analyst disagrees. Here's why

Brasil Notícia Notícia

A day after the big Tesla upgrade that moved the market, one analyst disagrees. Here's why
Brasil Últimas Notícias,Brasil Manchetes

Needham is cautious on Tesla stock following a massive upgrade from Morgan Stanley's Adam Jonas.

Not all analysts on Wall Street are convinced Tesla 's in-house computer technology is enough to push shares higher. A day after Morgan Stanley's Adam Jonas upgraded Tesla to overweight from equal weight with a massive $400 per share price target — suggesting about 61% upside from Friday's close — Needham issued a dissenting take.

mountain Tesla stock. What underpinned the Morgan Stanley upgrade on Tesla was optimism toward the company's effort with Dojo, an in-house supercomputer that is meant to train autonomous driving software. Tesla also makes its own chips to power the technology.

 

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Tesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley By ReutersTesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley By ReutersTesla supercomputer could boost EV maker's market cap by $600 billion -Morgan Stanley
Consulte Mais informação »



Render Time: 2025-01-10 15:28:04