Tesla stock price: Morgan Stanley says sell after recent rally - Business Insider

to "underweight," the equivalent of a sell rating, for the first time in more than seven years.

"Near-term momentum and sentiment around the stock is admittedly very strong, but we ultimately question the sustainability of the momentum," Adam Jonas of Morgan Stanley wrote in a Thursday note. He also lowered his valuation for the company's mobility unit and increased his expectations for the core auto business, resulting in a higher target price.

Jonas also said he thinks that optimism around China has been fully priced into Tesla's stock, while the risks for the world's largest electric-vehicle market are not fully appreciated.

What product does Morgan Stanley sell? They innovate nothing but are spin masters of their own interests.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Morgan Stanley has promoted 130 new managing directors for its 2020 class - Business InsiderThat's fewer new MD promotions than in recent years at the investment bank, which has been cutting costs and jobs in recent months.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »

Morgan Stanley earnings, retail sales, manufacturing gauge: 3 things to watch for in the markets ThursdayWe'll get earnings from Morgan Stanley, retail sales and Philadelphia Federal Reserve manufacturing index results on Thursday.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Morgan Stanley is set to report fourth-quarter earnings – here's what the Street expectsDid Morgan Stanley's bond traders match the performance of rivals – or get beaten by them?
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »