Why Tesla Stock Jumped (Again) Wednesday
Shares of Tesla (NASDAQ: TSLA) are rising again on Wednesday, extending an extraordinary climb for the stock recently. Including the stock's intraday 6.4% gain as of 11:15 a.m. EST on Wednesday, shares are up more than 140% over the past four months.
The stock's sharp gain on Wednesday follows yet another analyst's decision to increase his 12-month price target for the electric-car maker's stock ahead of earnings on Jan. 29.
Model 3. Image source: Tesla.
Source Fool.com
