80% of Analysts Rate SpaceX a 'Buy,' Setting $247 Price Target

According to FactSet, 80% of the 21 analysts covering SpaceX issued a 'buy' or 'overweight' rating on Tuesday after the 25-day quiet period following the company's June 12 IPO debut ended. Analysts have set a consensus price target of approximately $247 per share, implying a premium of more than 60% above where the stock closed Tuesday. Just 10% of analysts rate SpaceX a 'sell' or equivalent, while shares have struggled since surging immediately after the IPO, trading near $150 on Tuesday.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments