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Why Tesla Stock Jumped on Wednesday

TheMotleyFool

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Shares of Tesla (NASDAQ: TSLA) jumped on Wednesday, rising about 4.5% as of 10:40 a.m. EDT.

Bullishness for the electric-car maker's shares was likely driven primarily by an analyst's decision to significantly increase his 12-month price target for the growth stock.

Image source: Getty Images.

Source Fool.com

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