Tesla, Inc. (NASDAQ:TSLA – Get Free Report)’s share price shot up 0.8% during trading on Friday . The company traded as high as $183.95 and last traded at $182.97. 25,763,037 shares were traded during trading, a decline of 73% from the average session volume of 95,722,828 shares. The stock had previously closed at $181.57.
Analyst Upgrades and Downgrades
A number of research firms have recently commented on TSLA. China Renaissance began coverage on Tesla in a report on Monday, February 26th. They set a “hold” rating for the company. Morgan Stanley reissued an “overweight” rating and set a $310.00 price target on shares of Tesla in a report on Thursday. Wedbush reaffirmed an “outperform” rating and issued a $275.00 target price on shares of Tesla in a report on Friday, June 14th. Truist Financial lowered their target price on Tesla from $176.00 to $162.00 and set a “hold” rating for the company in a report on Wednesday, April 24th….
