Tesla Stock Price Today Soars After New $465 Price Target Set (Nasdaq: TSLA)

The Tesla stock price was up as much as 5.5% this morning (Monday) after Morgan Stanley (NYSE: MS) analyst Adam Jonas raised his price target on TSLA stock to $465 from $280.

Hitting the target of $465 would be a gain of nearly 82% for Tesla Motors Inc. (Nasdaq: TSLA) from today's opening price of $255.56.

Here's why the price target was raised...

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