On Friday, Bank of America upgraded Tesla to "neutral" from "underperform."<br />It raised its price target to $1,750 from $800.<br />The firm's new price target implies an 8% upside for Tesla shares over the next year.<br />Business Insider reports that shares of Tesla ticked up as much as 4% on Friday.<br />Morgan Stanley also boosted its price target and rating on the automaker.
