Tesla’s Worst-Case Price Target Slashed to $10 at Morgan Stanley

Scott Galloway, the best-selling author, well-known tech-industry pundit, and professor of marketing at New York University’s Stern School of Business, unleashed his special kind of wit and financial weaponry on WeWork’s recent S-1 filing. <!-[if IE 9]><![endif]-><!-[if IE 9]><![endif]-> Writing on his “No Mercy / No Malice” blog, Galloway says any wall street analyst who.

A look at social media platforms such as Twitter, for example, would reveal some Tesla critics stating that the $10 worst-case estimate was Morgan Stanley’s new price target for TSLA stock. This is untrue, but these instances all but highlight how easy it is for misconceptions about the electric car maker could spread.

Tesla stock dipped below $200 a share in late-May as Morgan stanley auto analyst adam jonas cut the firm’s worst-case.

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Quite a few analyst firms are throwing out doomsday targets for the TSLA stock price which are spooking investors. For instance, Morgan Stanley recently cut its. exceeds 10% and is rising, thanks.

While Morgan Stanley’s Jonas slashed the ‘bear-case’ price target for Tesla, he left unchanged the base-case target on Tesla’s stock at US$230, while the bull-case price target is US$391.

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(Reuters) – Shares of Tesla Inc were on track for a fifth straight session of losses on Tuesday, as morgan stanley analysts outlined a worst case scenario that could see the electric carmaker’s stock price fall as low as $10. Another brokerage, Baird, was the latest to cut its price target for the.

What makes it so interesting is the S & P downgraded the banks last night and BAC was teetering at $5.00. More importantly, BAC hit a low yesterday even after Monday’s strong up day. It was also the lowest price since the March 2009 rally. Below $5.00 and many funds would be forced to sell it as they can not own shares under $5.00. Have a look.

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The Ratings Game: Tesla stock’s bear case’ is $10, Morgan Stanley says By MarketWatch – May 21, 2019 Tesla Inc. shares slide further on Tuesday after analysts at Morgan Stanley peg their worst-case scenario for the stock at $10 and say the Silicon Valley car maker might have grown too big.’