QQQ
+ 0.00
393.82
+ 0%
BTC/USD
+ 50.44
57001.00
+ 0.09%
DIA
-0.08
344.98
-0.02%
SPY
+ 0.33
455.23
+ 0.07%
TLT
+ 0.00
151.59
+ 0%
GLD
-0.02
165.52
-0.01%

Why Tesla Shares Gained On Friday

October 15, 2021 3:59 pm
Share to Linkedin Share to Twitter Share to Facebook Share to Print License More
Why Tesla Shares Gained On Friday

Tesla, Inc. (NASDAQ:TSLA) shares are trading higher after Jefferies maintained a Buy rating on the stock and raised its price target from $850 to $950.

Jefferies analyst Philippe Houchois noted 'We raise EBIT estimates 7-9% for 2022-23 and PT to $950 on higher capacity ramp and sustained demand, following further analysis of Q3 data and various sources of information on the soon-to-be launched Berlin facility.'

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.

Tesla shares were trading about 3% higher at $842.44 on Friday at the time of publication. The stock has a 52-week high of $900.40 and a 52-week low of $379.11,

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to Benzinga Podcasts and our YouTube channel.


Related Articles

Why Tesla Shares Are Rising

Why Tesla Shares Are Rising

Tesla, Inc. (NASDAQ: TSLA) shares are trading higher in anticipation of the company's third-quarter earnings report this week. Wedbush issued bullish commentary on the stock ahead of the report. read more
What's Going On With Tesla And Nio Shares Today?

What's Going On With Tesla And Nio Shares Today?

Electric vehicle-related stocks including Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO) are trading higher Monday amid overall strength in the EV sector for the session.  read more
At A Loss For Holiday Gift Ideas? Here're Some Suggestions For You

At A Loss For Holiday Gift Ideas? Here're Some Suggestions For You

After the atypical 2020 holiday season, where purchases were made online, in-person shopping has returned with 2021. In fact, customers have the option of capitalizing on the best of both the worlds. read more
Apple Car Goes Full-Throttle Under Kevin Lynch With An 'Ambitious And Aggressive Plan:' Gurman

Apple Car Goes Full-Throttle Under Kevin Lynch With An 'Ambitious And Aggressive Plan:' Gurman

Apple Inc’s (NASDAQ: AAPL) car project has gone full-throttle, according to tech journalist Mark Gurman. read more