Price Target

• Tesla shares rose 7.2% Thursday after the company announced successful deployment of advanced autonomous driving features in two additional states, bringing the full self-driving beta program to 15 states nationwide. • Multiple Wall Street analysts upgraded Tesla's stock, raising average price targets by 12-15%, citing accelerated path to profitability and potential for robotaxi revenue streams beginning in late 2026. • The autonomous driving announcement offset broader semiconductor sector weakness, with Tesla demonstrating differentiation from legacy automakers lacking comparable self-driving capabilities.

• Rep. Chris Deluzio (D-PA) and Sen. Mark Kelly (D-AZ) introduced the Cost-of-Living Emergency Act on March 27 to combat rising essentials prices outpacing wages. • Bill mandates DOJ-FTC task force for emergency enforcement against price gouging, fixing, and discrimination on goods like utilities. • Invokes Defense Production Act for supply chain fixes backed by data to lower costs, plus creates 12-member bipartisan Congressional Cost-of-Living Commission for expedited relief proposals.

• Bank of America reinstated coverage of Microsoft (MSFT) with a Buy rating and $500 price target, implying 31% upside potential on March 24, 2026. • Analysts cite durable multi-year growth in cloud and AI, positioning Microsoft to capitalize across infrastructure and applications. • The reaffirmation comes amid tech sector pressure from geopolitical tensions, highlighting AI monetization as a key beneficiary.