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Benzinga
Benzinga
Business
Adam Eckert

This Investor Is Confident In Tesla Stock After Morgan Stanley Trims Q2 Estimates: Here's Why

Morgan Stanley CNBC Brenda Vingiello Nasdaq

Tesla Inc (NASDAQ:TSLA) was featured as the call of the day Thursday on CNBC's "Fast Money Halftime Report."

What Happened: Morgan Stanley reiterated Tesla with an Overweight rating and lowered its price target from $1,300 to $1,200. The analyst firm also trimmed its second-quarter estimates, citing lower volumes amid supply chain disruptions.

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