Canaccord Lifts Tesla Price Target Above $500 Amid International Opportunity

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In mid-December, Tesla Inc (NASDAQ: TSLA) broke a previously impenetrable $400 ceiling — and kept climbing. The automaker vindicated patient bulls and prompted some to raise the bar to even more ambitious heights.

The Rating

Canaccord Genuity analyst Jed Dorsheimer maintained a Buy rating on Tesla but increased his price target from $375 to $515.

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