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Morgan Stanley Sees Tesla (TSLA) Extremely Volatile in 2018

November 21, 2017 9:30 AM EST

Morgan Stanley reiterated an Equalweight rating and $379.00 price target on Tesla Motors (NASDAQ: Tesla).

Analyst Adam Jonas expects Tesla shares to be extremely volatile in 2018, divided into two stages: (1) The alleviation of production bottlenecks with strong cash inflow, and (2) mounting concerns over the sustainability of the competitive... More