TSLA Tapped with Price Target Hike, XPEV Slides, GAP Upgrade Before Earnings
Description
Stifel upped its price target on Tesla (TSLA) to $508 from $483 on better expectations for the Mag 7 company's autonomous driving runway and earnings growth. Diane King Hall offers a look at the road ahead for Tesla. She also notes an EV competitor in XPeng Inc. (XPEV), where U.S.-based shares fell after the company's guidance disappointed. Diane later notes an upgrade from Barclays on Gap Inc. (GAP) ahead of its earnings on Thursday.
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