Tesla price target upped to $900 at B. of A. Securities

Analysts astatine B. of A. Securities connected Tuesday tweaked their terms people connected Tesla Inc. TSLA, +0.05% banal to $900, from $800, up of the electric-car maker's third-quarter net connected Wednesday. That implies an upside astir 3.5% implicit Tuesday's stock price. Tesla got a "slight premium" implicit B. of A.'s expectations to origin successful "(Tesla's) way grounds of growth, accordant superior raises, and wide capitalist hype," the analysts said successful a note. Tesla has gained 23% truthful acold this year, compared with gains astir 20% for the S&P 500 scale successful the aforesaid period.