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Tesla bull and JMP Securities analyst Joseph Osha downgraded Tesla stock to Hold Tuesday. Tesla’s stock price run, for this bull, has gone far enough.

Osha deserves some credit, however, for keeping up with Tesla stock’s (ticker: TSLA) epic run. He was an early $1,000-plus price target setter for Tesla shares—going to four digits in March when Tesla shares were below $800. In July, he raised his price target to $1,500 a share when Tesla stock was below $1,400. Instead of raising the price target again ahead of Tesla second-quarter earnings—due Wednesday after the market closes for trading—he downgraded the stock.

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