Tesla Inc. has filed a trademark for the term "Tesla Robotaxi," signaling the company's imminent launch of its robotaxi service, expected to begin in June 2025. Analysts, including Dan Ives, have expressed confidence in Tesla's unmatched ability to scale this new venture, placing the company ahead of competitors like Waymo. Morgan Stanley has maintained a "Buy" rating on Tesla with a price target of $410, citing optimism about the robotaxi business. Additionally, Morgan Stanley has suggested that Tesla could expand into drones and electric aircraft amid ongoing U.S.-China competition in advanced technologies. Meanwhile, JPMorgan has upgraded Pinterest Inc. to an "Overweight" rating from "Neutral," raising its price target to $40 from $35, based on Pinterest's gains in user engagement and its ability to capture a larger share of advertising spending. Other financial institutions such as Morgan Stanley have maintained positive ratings on several Indian companies, including Tata Motors, Mahindra & Mahindra, Tata Power, Infosys, and Godrej Consumer Products, with respective target prices provided.
#MorganStanley maintains 'overweight' rating on Godrej Consumer with target price of Rs 1,431.
#JPMorgan maintains 'overweight' rating on #Infosys with target price of Rs 1,800.
#MorganStanley maintains 'overweight' rating on Tata Power with target price of Rs 449.