[JPMorgan's Pessimism Toward Tesla Significantly Reduces After Analyst Change] According to Golden Finance, on June 5, JPMorgan's bearish stance on Tesla significantly weakened after replacing its lead automotive industry analyst. Previously, JPMorgan appointed Rajat Gupta to replace Ryan Brinkman in tracking the automotive sector. Brinkman had long been one of Wall Street's most bearish analysts on Tesla stock. After Gupta took over, JPMorgan raised its price target for Tesla to $475 and upgraded the stock's rating to the equivalent of 'hold.' Since 2015, Brinkman had consistently recommended selling Tesla stock and once predicted its price would plummet to $145 by year-end. In a report released on Friday, Gupta, who previously worked under Brinkman, praised Tesla's vertically integrated model for its 'unique advantages,' stating that these advantages are 'to some extent still underappreciated and misunderstood.'