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>> GENERAL MOTORS Latest News

JUN 24, 2014 - TheStreet

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'Fast Money' Recap: The Market Is Slow, Tesla Is Racing

NEW YORK (TheStreet) -- The S&P 500 was basically unchanged on Monday, closing lower by 0.01%. Ben Kallo, senior research analyst at R.W. Baird, was a guest on CNBC's "Fast Money" TV show, taking a look at the recent move higher in Tesla Motors . He has a buy rating with a $275 price target on Tesla.  He said the company's confirmation that the Model X will be available in the beginning of 2015 is giving investors confidence in the company's pipeline. He added that the recent positive steps in state legislatures easing up on direct auto sales is also helping the stock. Kallo ... Read More

Tags: 'Fast Money' Recap: The Market Is Slow, Tesla Is Racing,  General Motors Latest News