Analyst Sees Tesla (TSLA) at $242 at 'Good Entry Point'

Global Equities Research is out with commentary on Tesla (Nasdaq: TSLA) after the automaker announced an equity raise yesterday.

Analyst Trip Chowdhry posed the question: Is Tesla at $242 a good buy and/or entry point?

Chowdhry believes it is, but believes shares will continue to be volatile with an upward bias.

Global Equities has Tesla at Overweight with a price target of $385.

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