Bobby Harvey
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Morgan Stanley's Adam Jonas Raises 'Bull Case' Tesla Price Target To $526

Tesla Inc's TSLA Model 3 announcement is shaping up to be one of the biggest catalysts in the company’s history.

After updating its model to include an increased Model 3 unit forecast, Morgan Stanley increased its price target on Tesla from $305 to $317, still below current levels, but upped its "bull case" target from $511 to $526. Source

There is a clear upside trend. 

TSLA, Tesla Motors, Inc.