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Canaccord Genuity raised its price target on Tesla (TSLA) to $404 per share from $298, citing optimism over the company’s growth, including in its energy business and possible robotics venture.
Market Domination hosts Josh Lipton and Josh Schafer note the firm remains bullish despite facing challenges and risks, such as potential EV tax credit reductions in the US and sluggish Full Self-Driving take rates.
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This post was written by Josh Lynch