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Why Tesla's Stock Is Trading Higher Today

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Why Tesla's Stock Is Trading Higher Today

Tesla (NASDAQ: TSLA) shares are trading higher on Monday after getting a price target raise.

Morgan Stanley raised its price target on Tesla's stock from $440 to $680.

On Friday, Tesla CEO Elon Musk said in a tweet that Tesla's stock price was too high, which sent shares down 11%. Musk said he's also rethinking his "attachment to the material world" and will be "selling almost all physical possessions."

Tesla's stock was trading up 4.8% to $735 per share at time of publication on Monday. The stock has a 52-week high of $968.99 and a 52-week low of $176.99.

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Latest Ratings for TSLA

DateFirmActionFromTo
Jan 2021WedbushMaintainsNeutral
Jan 2021Edward JonesInitiates Coverage OnHold
Jan 2021Credit SuisseMaintainsNeutral

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View the Latest Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
NVDASusquehannaMaintains625.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
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