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Tag Archives: adam jonas

Tesla (TSLA) Stock Down 11.62%, Morgan Stanley Cuts Target Over Coronavirus Concerns

As the whole markets come crashing down, Tesla stock price tanked 11.62% on Tuesday closing at $560 levels. With the Tesla production taking a massive hit, analysts are slashing the target for its stock price.Almost every stock on the market has taken a severe beating over this week’s market massacre amid coronavirus spread, and Tesla Inc (NASDAQ: TSLA) is no different. Just over the last five days, the Tesla (TSLA) stock price has crashed over 20%. On Thursday, Dow Jones closed 10% lower...

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Tesla (TSLA) Stock Rose 11.32% Despite Morgan Stanley Says It’s Still a Sell

Despite the massively weakening demand in the European market, the TSLA stock surged 11% on Monday beating down the bears. Reportedly Tesla is focusing on strengthening its position in the North American market.On Monday, March 2, the Tesla Inc (NASDAQ: TSLA) stock gained over 11% with its price moving close to $750 but Morgan Stanley still asks investors to be cautious. This recovery came amidst the broader markets showing marginal recovery on Monday. Although the COVID-19 cases have been on...

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Virgin Galactic (SPCE) Stock Rises in 310% Rally to Outperform Tesla (TSLA)

In the past three months, Virgin Galactic (SPCE) stock has climbed 310%, outperforming Tesla (TSLA) and Apple (AAPL).These days, Richard Branson’s Virgin Galactic Holdings Inc (NYSE: SPCE) is the most frequently mentioned company in headlines of tech news. And hot discussions around its activity are no wonder as the company’s stock shows incredible movements. Virgin Galactic (SPCE) stock rises, with shares of the company nearing $40. The company’s stock has climbed 310% in the past three...

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Virgin Galactic Stock Price May Triple Thanks to Hypersonic Travels, Morgan Stanley Says

Now we know that Morgan Stanley is one of the financial behemoths that we don’t want to mess with when they give an opinion. So many pundits in the aviation sector paid close attention when Morgan Stanley gave indications that Virgin Galactic’s stocks will soar after it gave the stock of the aviation upstart higher ratings than many pundits thought necessary. The investment behemoth’s analyst Adam Jonas explained this position:“A viable space tourism business is what you pay for today… but a...

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