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BoA: Upgrades Tesla

Video Credit: Wochit News - Duration: 00:28s - Published
BoA: Upgrades Tesla

BoA: Upgrades Tesla

On Friday, Bank of America upgraded Tesla to "neutral" from "underperform." It raised its price target to $1,750 from $800.

The firm's new price target implies an 8% upside for Tesla shares over the next year.

Business Insider reports that shares of Tesla ticked up as much as 4% on Friday.

Morgan Stanley also boosted its price target and rating on the automaker.


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