YahooOctober 26, 2026 at 11:29 AM NYYesterday
Tesla Soars 6% on Barclays Upgrade Calling SpaceX Merger “Key Part of the Tesla Bull Case”
Key TakeawaysTesla shares jumped 6% after Barclays upgraded the stock to Overweight and raised its price target to $450 from $370, citing a possible merger with SpaceX. Barclays thinks a takeover premium will lift the stock and limit the downside, but that floor depends on a vote Tesla will have a hard time winning.
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