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Why Tesla Stock Jumped on Monday


Shares of Tesla (NASDAQ: TSLA) were up sharply on Monday. As of 10:30 a.m. EDT, the stock was up 5.5%.

The growth stock's sharp move higher is likely driven by an analyst's decision to boost his 12-month price target for shares to $1,900.

A Tesla Model 3. Image source: Tesla.

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Source Fool.com

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