Tesla climbs on reports of two broker upgrades
Shares of Tesla Inc.
surged 3.2% in premarket trading Friday, after soaring 17.9% over the previous two sessions, which puts it on track to open above the July 20 record close of $1,643.00. The rally comes amid reports of no less than two analyst upgrades, with Dow Jones reporting that both BofA Securities and Morgan Stanley backed away from bearish ratings to rate Tesla the equivalent of neutral.
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