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>> TESLA MOTORS Latest News

MAY 20, 2013 - Benzinga

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UPDATE: Bank of America Raises PT on Tesla Motors Following Equity Offering Completion

In a report published Monday, Bank of America analyst John Lovallo II reiterated an Underperform rating on Tesla Motors (NASDAQ: TSLA), and raised the price target from $37.00 to $39.00. In the report, Lovallo noted, “Tesla completed an equity offering that should provide gross proceeds of approximately $415mm (assuming completion of the 15% green

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