Tesla Shares Gain After Canaccord Bumps Price Target to $450 Per Share

Published: 11/02/2019
Tesla Shares Gain After Canaccord Bumps Price Target to $450 Per Share
Source: FINANCE.YAHOO.COM

shares traded higher Monday after analysts at Canaccord Genuity upped their recommendation on the clean-energy carmarker as it moves to reduce the price of its flagship Model 3 sedan. Canaccord lifted its rating on Tesla to "buy" from "hold", and boosted its price target to $450 a share from a prior estimate of $330, as it argued that electric vehicle penetration in markets around the world is

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