4 big analyst picks: Tesla a Top Pick at Morgan Stanley on AI mojo By

By Davit Kirakosyan

Here is List of domestic mt4 tradersyour Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades for Tesla, CSX, DoorDash, and Tenable.

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Tesla gets Overweight rating at Morgan Stanley, named Top Pick

Tesla (NASDAQ:) shares gained more than 5% pre-market today after Morgan Stanley upgraded the company to Overweight from Equalweight and raised its price target to $400 from $250, as reported in real-time on InvestingPro.

The analysts said that they believe Dojo, a dedicated supercomputer, has the potential to increase Tesla's enterprise value by as much as $500B through accelerated adoption in Mobility (robotaxi) and Network Services (SaaS).

To improve the FSD system's efficacy, says the analysts, Tesla needs to address challenges related to data collection, processing power, speed, efficiency, and scalability. And they say Dojo is designed to meet these challenges by providing the computational power necessary to process extensive real-world data from Tesla's vehicles.

The firm also named Tesla its Top Pick.

CSX upgraded at BofA on new management

BofA Securities upgraded CSX (NASDAQ:) to Buy from Neutral and raised its price target to $36 from $34.

The upgrade comes on the naming of Mike Cory as new COO. Cory brings essential Precision Scheduled Railroading (PSR) expertise following the departure of the former COO. The company’s shares had declined 8.1% since the departure last month due to operational concerns.

Kevin Boone was also named Chief Commercial Officer, the first in this role, thanks to his customer and supply chain connections.

Two more upgrades

Jefferies upgraded DoorDash (NYSE:) shares gained more than 2% pre-market today after Jefferies upgraded the company to Hold from Underperform and raised its price target to $90 from $70.

JPMorgan upgraded Tenable (NASDAQ:) to Overweight from Neutral and raised its price target to $56 from $51. As a result, shares rose more than 2% pre-market today.

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