Tesla stock pops for price target increase, S&P 500 inclusion

Tesla stock has finally been tapped for S&P 500 inclusion, and investors have been buying it up as a result. The shares got another boost today in the form of a major upgrade from analysts at Morgan Stanley, who have shifted to Overweight after keeping them below that for over three years.Q3 2020 hedge fund letters, conferences and moreTesla stock for S&P 500 inclusionMany investors bought Tesla stock because inclusion in the S&P 500 means numerous funds that track the index will be forced to buy it when it’s added. Tesla stock officially gets inclusion in the S&P 500 next month. Many thought …

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HEDGE accordingly