Morgan Stanley’s Tesla Analyst Will Make You Forget Goldman’s Call

Archambault upgrade to ‘buy’ came as Goldman named underwriter
Adam Jonas’s share target for Tesla dwarfs his competitors’

Morgan Stanley, Goldman to Lead Tesla Offering

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By David Welch

May 24, 2016 at 9:00 AM UTC

This article is for subscribers only.

Before Patrick Archambault, there was Adam Jonas.

Archambault raised eyebrows last week when he upgraded Tesla Motors Inc. to “buy” from “neutral” the same day it was announced that his firm, Goldman Sachs Group Inc., would co-manage with Morgan Stanley the sale of $1.4 billion in new Tesla stock.