Green energy stocks are in favor, as investors increasingly gravitate toward them due to the huge potential and a favorable geopolitical environment. Against this backdrop, Morgan Stanley initiated a coverage of a few electric vehicle and battery stocks. The Analyst: Adam Jonas initiated coverage of Quantumscape Corp (NYSE: QS) with an Overweight rating and $70 price target. The analyst initiated coverage of Fisker Inc (NYSE: FSR) with an Overweight rating and $27 price target. Lordstown Motors Corp (NASDAQ: RIDE) shares were initiated with an Underweight rating and $18 price target.