A Tesla partnership, autonomous vehicle driving will give this insurance stock a boost, says Morgan Stanley
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By Lisa Kailai Han
Published on March 17, 2026.
Lemonade stands to benefit from its improving positioning in autonomous auto insurance, according to Morgan Stanley. The bank's new price target is $85, up from $80, a move that aligns with a 50% discount on auto insurance for Tesla owners using Full Self-Driving technology and does not sacrifice underwriting discipline. The analyst believes that as autonomous vehicles change some insurers' competitive advantages, Lemonade will likely emerge.
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