Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.
Tesla stock was up 2% in early trading following an upgrade to ‘buy’ from Jefferies with a target of $850 from the previous $700.
The stock was earlier rated ‘neutral’ at the brokerage. The new target price is 21.6% higher from the stock’s Friday close of $699.10.
Amazon And Apple Are Coiled Springs About To Explode To The Upside
Amazon and Apple have been left out of 2021's market rally underperforming the S&P index and their other tech conglomerate peers.An opportunity is being presented to investors as both Amazon and Apple are in the midst of record-breaking years from a financial standpoint.As a shareholder, I would love to see Amazon do a stock split and Apple allocate more to its dividend than buybacks.Over the years, AMZN's runway of growth has correlated to gigantic returns for shareholders. Over the past10 year