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SpaceX stock: Oppenheimer says it's 'undervalued' at $135
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SpaceX stock: Oppenheimer says it's 'undervalued' at $135
Oppenheimer has become the first global brokerage to initiate coverage of SpaceX stock ahead of the company’s Nasdaq debut on Friday, issuing an Outperform rating and a $190 price target.Its call implied about a 41% upside that would push SPCX market cap to a whopping $2.5 trillion within the next 12 to 18 months – a bold opening salvo as the most anticipated IPO in market history prepares to begin trading on June 12.A simple bull case for Space…
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