Why Tesla Stock Jumped on Wednesday
Shares of Tesla (NASDAQ: TSLA) surged higher on Wednesday, extending the stock's early momentum in 2021. Shares rose as much as 5.3% but were up 4.8% as of 12:35 p.m. EST.
The stock's gain is likely due to a combination of broader market strength in renewable energy stocks and an upgraded analyst price target for Tesla shares.
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Source Fool.com