Tesla stock climbs toward 8-month high after Jefferies boosts price target, profit view
October 15, 2021 at 11:57 AM EDT
Shares of Tesla Inc. continued to rally Friday, putting them on track for the highest close in eight months, after Jefferies analyst Philippe Houchois raised his price target and earnings estimates, saying concerns over demand in the electric vehicle maker's key China market have now been put to rest