Tesla Motors (TSLA) stock has rallied 32% in the last three months, and gained three times as much as the S&P 500 Index over the past 12 months, but that run-up doesn’t mean investors should be trimming their positions. That’s what analysts at Baird said in a note Monday, projecting more gains for Tesla. They raised their price target on the stock to $335 a share, or about 30% upside from Friday’s close, from a previous target of $275 a share. They kept a buy rating on Tesla.
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