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SpaceX Rises 4% as Pivotal Research Launches Coverage at $220, Intuitive Machines Climbs 5%, Rocket Lab Gains 3%
Pivotal Research assigned a Buy rating and a $220 target, implying a 48% upside as analysts stayed broadly bullish on the stock.
Summary by 24/7 Wall St.
9 Articles
9 Articles
SpaceX Stock Gets a Buy Rating. Pivotal Says Starship Reusability Could Unlock $2 Trillion Valuation.
The call rests on the belief that Starship can become a rapidly reusable launch system capable of transforming the economics of space transportation.
SpaceX Rises 4% as Pivotal Research Launches Coverage at $220, Intuitive Machines Climbs 5%, Rocket Lab Gains 3%
Pivotal Research just slapped a price target on SpaceX that towers above where shares currently trade, and the space complex is rallying in response, but a looming supply risk could complicate the bull case before it plays out.
SpaceX Stock Rises. Analyst Sets $220 Target With 49% Upside
This article first appeared on GuruFocus. SpaceX ( SPCX ) shares rose 1.5% Tuesday after Pivotal Research Group began coverage with a Buy rating and a $220 year-end 2027 target. The target implies about 49% upside from the company's Sept. 4 closing price of $147.95. Analyst Jeffrey Wlodarczak…
Coverage Details
Total News Sources9
Leaning Left1Leaning Right1Center2Last Updated50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
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