SpaceX Stock Hits Record Low at $148.30 on July 8, but Morgan Stanley Raises Target to $300

SPCX-0.82%
According to Yahoo Finance, SpaceX shares fell 0.78% to close at $148.30 on July 8 (New York time), below the IPO opening price of $150. Morgan Stanley analyst Adam Jonas maintained an overweight rating with a $300 price target. Among the 12 underwriters who initiated coverage, all issued buy-equivalent ratings, with an average price target of $230.
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