Morgan Stanley Downgrades Tesla (TSLA) to Equal Weight, Raises Price Target to $425

Tesla, Inc. (NASDAQ:TSLA) is one of the Trending AI Stocks on Wall Street.  On December 8, Morgan Stanley downgraded the stock to Equal Weight and raised the price target by $15 to $425. The firm holds a neutral stance on the stock due to fair valuation and lack of fresh upside drivers. “Tesla is a clear global leader in electric vehicles, manufacturing, renewable energy, and real world AI and thus deserving of a premium valuation. However, high expectations on the latter have brought the stock closer to ...