Raymond James initiated coverage of SPCX with a strong buy rating and a $800 price target, valuing SpaceX at about $10 trillion.
Raymond James' strong buy rating and $800 price target imply a bullish stance on SPCX, reflecting a high valuation of SpaceX.
Raymond James initiated coverage of $SPCX with “Strong Buy”. Giving it a $800 PT, valuing SpaceX at a ~$10T valuation. No words. Jokes about “institutional” notes for retail write themselves. https://t.co/B0uRojaNJZ
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | -0.8% | -0.5% |
| 1 week | -9.0% | -9.5% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |