Tesla’s setting up for a strong 2020 that could send the stock to an all time high, according to Jefferies (TSLA)

Tesla’s setting up for a strong 2020 that could send the stock to an all time high, according to Jefferies (TSLA)

Wikimedia Commons Jefferies upgraded its price target for Tesla to $400 from $300, reflecting expectations of higher earnings and an improved balance sheet, according to a Monday note from analyst Philippe Houchois.  Shares of Tesla gained as much as 3.51% Monday. Jefferies raised its 2020 EBIT estimate for Tesla by 24%, saying stabilizing performance in…

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