The Latest Breaking News from Vikram Bagri

Tesla Inc (NASDAQ: TSLA) reported record revenue, operating margins and free cash flow in the third quarter.

Bulls and bears may not agree on where Tesla’s stock will go in the coming years, but one such bear recently changed its stance on the company’s shares.

The adoption of electric vehicles is progressing at a faster-than-expected rate, given automakers’ thrust to EV transitioning, governments’ mandates to ban ICE vehicles, and huge capital infusion into the space sector, an analyst at Needham said in a note.

Needham analyst Vikram Bagri raised the price target for Blink Charging Co (NASDAQ:BLNK) to $27 (an upside of 78%) from $25 while maintaining the Buy rating on the shares after the company acquired SemaConnect. The analyst sees eligibility for NEVI funding from newfound eligibility under the Buy America requirement as the biggest near-term deal benefits,…