✉news ScienceSpace first seen 5 h ago, last 11 min ago, peak #24
SpaceX shares jump 6% as Morgan Stanley reiterates $300 target
Original: SpaceX (NASDAQ:SPCX) Stock Jumps 6% as Morgan Stanley Says Shares Are ‘Cheap’ and Reiterates US$300 Target
Morgan Stanley called SpaceX shares 'cheap' and reaffirmed its $300 price target, and the stock rose about 6% in response, according to a report from Stocks Down Under. The endorsement from one of Wall Street's most closely watched analysts is drawing investor attention to the space company's valuation.
Why now: A bullish call and reiterated price target from Morgan Stanley prompted a sharp stock move and renewed investor discussion.
Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 11 min ago.
Evidence
- SpaceX (NASDAQ:SPCX) Stock Jumps 6% as Morgan Stanley Says Shares Are ‘Cheap’ and Reiterates US$300 Target · Stocks Down Under
API: https://socialmediatrends-api.osmike.com/v1/trends/1165880