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Why Tesla Stock Jumped on Monday

TheMotleyFool

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Shares of electric-car maker Tesla (NASDAQ: TSLA) jumped on Monday, rising as much as 6.3%. As of 10:15 a.m. EST, however, the stock was up only about 2%.

The growth stock's gain follows news of an analyst's move to upgrade his 12-month price target for Tesla.

Image source: Getty Images.

Source Fool.com

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