Tesla shares rise as Bank of America upgrades its price target to $900

Tesla shares rise as Bank of America upgrades its price target to $900

Tesla (NASDAQ: TSLA) shares have advanced from $80 above $880 since January 2020, and the current price stands around $839. The current risk/reward ratio is not good for long-term investors, although Bank of America assigned a new price target of $900 for Tesla share this week. Fundamental analysis: Tesla shares are overvalued In the last thirty days, Tesla shares have advanced more than 35%, and according to technical analysis, there is no risk of the bear market for now. Bank of America assigned this week a new price objective of $900 on expectations that Tesla can execute on further equity
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