Tesla Keeps Getting Catalysts

People love Tesla's (TSLA) cars. Whatever the company builds, it looks like it can sell. That's the gist of the recommendation today from Wedbush, which took the stock to a Buy from a Hold with a new $240 target, up from $180, which has already been exceeded as of this morning's action.

For many old timers, this whole notion of pushing a stock because it has products people want is patently absurd. They look at how much the stock is up this year --454% - -they look at the market cap -- $22 billion -- and they say, "come on, this is absurd. It's just not right. No self-respecting analyst should get behind this stock at this level."...679 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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