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Tesla Stock TSLA Upgraded by JMP After recent Selloff

by George Szeto March 03, 2020

Tesla Stock TSLA Upgraded by JMP After recent Selloff


Jospeh Osha From JMP upgraded Tesla to market outperform from market perform, and set the price target to $1,060. Osha mentioned the recent selloff has provided investors with a "good opportunity" to buy.

"a perusal of offerings from competitors suggests that [Tesla's] market position should continue to be dominant."


Osha wrote from the note to clients, “Investors may find themselves with additional near-term opportunities to buy the stock as [Tesla] works through the first half of 2020 and the impact of COVID-19 becomes apparent,"




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