Why Tesla (TSLA) stock is trading up today What happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 6.1% in the afternoon session after Barclays upgraded the company to Overweight from Equal Weight and raised its price target to $450 from $370. Barclays analyst Dan Levy upgraded the stock and lifted the target by $80, implying 21% upside from the previous session's close of $372.22, in research reported by CNBC and TipRanks. Levy pointed to an operational turnaround, projecting automotive deliveries will return to growth this year after two years of declines, supported by Full Self-Driving adoption and Shanghai exports.
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