Why Tesla Stock Is Climbing Today
Shares of Tesla (NASDAQ: TSLA) traded 4% higher today, as of 12:48 p.m. ET. Not only were tech stocks rebounding, but an analyst also issued a new research report on the company Wednesday morning.Cantor Fitzgerald analyst Andres Sheppard upgraded Tesla from a neutral rating to overweight and maintained his $425 price target. With shares down significantly from just a few months ago, Sheppard sees several "upcoming material catalysts."Continue reading
Shares of Tesla (NASDAQ: TSLA) traded 4% higher today, as of 12:48 p.m. ET. Not only were tech stocks rebounding, but an analyst also issued a new research report on the company Wednesday morning.
Cantor Fitzgerald analyst Andres Sheppard upgraded Tesla from a neutral rating to overweight and maintained his $425 price target. With shares down significantly from just a few months ago, Sheppard sees several "upcoming material catalysts."
