(Reuters) - A rebound in Tesla Inc shares was set to extend into a third straight session on Friday, recouping more of a record 21% drop earlier this week that wiped $80 billion off the electric-car maker's market capitalization.
Tesla shares were up 3.2% in trading before the bell, building on a 12.5% jump in the past two days in one of the most volatile weeks this year for technology-related stocks on Wall Street.
The carmaker's dizzying 500% surge this year has come courtesy of improved headline results and a flood of money into technology-linked shares, but Wall Street analysts are still less convinced about the company's longer-term prospects.
The median price target on the stock is $300 - well below its Sept. 1 record high of $502.49, according to Refinitiv data, and of the 33 analysts covering the stock, 15 rate it "hold" and 10 ...
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