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Posts published by “Becki Redner”

Tesla is poised to surge another 16% amid signs it will use its lofty stock price to raise money, BofA says (TSLA) | Markets

Summary List PlacementBank of America on Wednesday boosted its Tesla price target to $550 from $350, implying a roughly 16% upside from Monday's close. Tesla on Tuesday announced plans to sell up to $5 billion in new shares, capitalizing on its recent rally. The announcement "was evidence of our thesis that TSLA will utilize its…