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0 0.000205592105263263 0.000205592105263263 0.000205592105263263 0.000616776315789497 -0.00205592105263161 -0.00205592105263161 -0.00205592105263161
Stock impact report

UPDATE 3-Morgan Stanley halts research coverage of Tesla, shares rise [Reuters (UK)]

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Reuters
Morgan Stanley halts research coverage of Tesla, shares rise | Reuters Reuters Staff 3 Min Read (Reuters) - Brokerage Morgan Stanley ( MS.N ) has suspended equity coverage on Tesla Inc ( TSLA.O ), hinting that the U.S. bank may be doing business directly with the company as it explores options to go private, pushing the electric carmaker’s shares up as much as 5 percent on Tuesday. Morgan Stanley’s move comes a week after Goldman Sachs Group Inc ( GS.N ) stopped its coverage of Tesla last week shortly before confirming it was acting as a financial adviser on a matter related to the automaker. Morgan Stanley’s website showed Tesla had been moved to “Not Rated” from “Equal-weight” on Tuesday without providing further details on the reason for dropping coverage. Shares of Palo Alto, California-based Tesla rose to a high of $324.79 on Tuesday, bouncing off a three-month low on Monday when JP Morgan slashed its price target on the company by $113 and said it believed Chief Executive Show less Read more
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