Morgan Stanley initiates SpaceX at Buy with $300 target
AMZN Amazon.com Inc
$262.65 -0.94%
View chart & analysis → - 1Morgan Stanley initiated coverage on SpaceX (SPCX) with a Buy rating and 12-month price target of $300
- 2Implies roughly 112% upside from the target price; despite a ~4% pullback over the last two sessions, shares are up ~30% in August
- 3Lock-up of approximately 319 million shares is set to expire on August 20... Jonas views the selling pressure as a long-term entry opportunity
This 3-line summary is compiled from the report below.
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