UBS Upgrades Tesla Stock to Neutral, Raises Price Target to $352
UBS upgraded Tesla (TSLA) from Sell to Neutral and raised its price target to $352, citing a more favorable risk-reward profile after the stock's 21% decline in 2026. The upgrade led to a 2% premarket rise in Tesla's stock. UBS analyst Joseph Spak noted that the current price level balances near-term challenges with long-term opportunities in 'physical AI.'
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