Tesla stock jumps 4% as Canaccord upgrades and predicts a more stable year in 2019

Tesla Inc. shares rose 3% in early trade Monday, after Canaccord upgraded the stock to buy from hold and said the electric vehicle story is under-appreciated by Wall Street.

Tesla shares have fallen 1.5% in the last 12 months, while the S&P 500 SPX, +0.15% has gained 3.4% and the Dow Jones Industrial Average DJIA, +0.02% has gained 3.8%.

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