Why Tesla Stock Is Viewed As 'Must Own' With Elon Musk's Big Call Upcoming

Published 4 weeks ago Positive
Why Tesla Stock Is Viewed As 'Must Own' With Elon Musk's Big Call Upcoming
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Tesla stock is viewed as a "must own" by a firm that initiated coverage Monday with third-quarter earnings due next week after strong quarterly vehicle deliveries. TSLA shares angled lower early Tuesday after Monday's strong rebound. Melius Research analyst Rob Wertheimer on Monday initiated coverage of Tesla stock, handing it a buy rating with a 520 price target, representing about 20% upside compared to the trading level at Monday's stock market close.

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