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Why BofA Raises Tesla Target By $100 Ahead Of Earnings

Why BofA Raises Tesla Target By $100 Ahead Of Earnings

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The third quarter of 2021 is likely to have been another challenging quarter for the automotive value chain, with companies such as Tesla Inc (NASDAQ:TSLA) continuing to be adversely impacted by semiconductor shortage and production downtime, according to BofA Securities. The Tesla Analyst: John Murphy maintained a Neutral rating for Tesla, while raising the price target from $800 to $900.

...read full article on Benzinga

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