News

Amazon to report Q2 earnings with new CEO Andy Jassy at the helm

Motley Fool

Why Tesla Stock Jumped 5% Today

Shares of Tesla (NASDAQ: TSLA), the electric car kingpin, soared 5% through 11:30 a.m. EDT Thursday, bouncing back from a post-earnings sell-off in the stock. Beginning with the obvious (and least interesting) reason: This morning, StreetInsider.com reports that analysts at Germany’s DZ Bank have upgraded Tesla shares from sell to buy, and more than doubled their price target on the stock, to $750 a share. More interesting than DZ’s upgrade are some comments made by Morgan Stanley analyst Adam Jonas this morning.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

Leave a reply

Your email address will not be published. Required fields are marked *

More in:News