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Benzinga
Benzinga
Business
Wayne Duggan

RBC Upgrades Tesla: EV Competition 'Doesn't Overly Concern Us'

Tesla Inc (NASDAQ:TSLA) shares dropped 3.3% on Monday despite the company landing an upgrade on Wall Street.

The Analyst: RBC Capital Markets analyst Joseph Spak upgraded Tesla from Sector Perform to Outperform and cut his price target from $1,175 to $1,100.

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