Good morning!
500 β€οΈ by market open and I will post the biggest super lotto of the year. Otherwise, if not interested, I'll see yall Monday morning.
GOOD NEWS π¨ JPMorgan Chase has upgraded $TSLA rating from Underweight to Neutral and raised its price target from $145 to $475, a massive 227.59% increase π₯
Three major factors drive this rationale:
π€ AI & Autonomy Shift β JPMorgan finally stopped valuing Tesla purely as a traditional car manufacturer, shifting their models to account for massive future software value from FSD, the Robotaxi platform, and robotics.
π Market Reality Check β With the stock trading massively above their old $145 target, maintaining a deep "Underweight" rating became completely disconnected from institutional fund flows and the market's actual momentum.
π€ Burying the Hatchet β After dropping their long-running $162 million legal dispute and repairing corporate banking ties with Elon Musk, the bank's research arm shifted to a much more objective, less hostile outlook.