UBS Upgrades Tesla Stock Rating to Neutral and Raises Price Target
UBS upgraded Tesla's stock rating from Sell to Neutral and raised its price target to $352, citing a more favorable risk-reward profile after Tesla's significant decline in 2026. The move led to a 2% premarket increase in Tesla's stock. UBS analyst Joseph Spak noted that the current price level better balances near-term challenges with long-term opportunities in 'physical AI.'
Topics: analyst upgrade market reaction stock price Tesla UBS