Tesla stock rallied to what would be a new 32-month high closing share price Monday, gaining 3% to extend its post-election rise to 41%.

Key Takeaways Tesla shares advanced to their highest level in two-and-a-half years as two analysts published optimistic opinions about the EV maker's future.Roth Capital Partners upgraded the stock and raised its price target,

On Sunday, Stifel analyst Stephen Gengaro raised his Tesla stock price target to $411 from $287. He kept his Buy rating.

Shares of Tesla, Inc. climbed over 3% on Monday morning, reaching a one-week high after bullish notes from two Wall Street analysts. Roth MKM upgraded Tesla to ‘Buy’ from ‘Neutral’ and more than quadrupled its price target to $380 from $85.