Raymond James initiated coverage of SPCX (SpaceX proxy) with a Strong Buy rating, setting
Raymond James initiated coverage of SPCX (SpaceX proxy) with a Strong Buy rating, setting an $800 price target and valuing SpaceX at ~$10 trillion. The author dismisses this as a joke for retail investors, indicating skepticism about the bullish note.
“Raymond James initiated coverage of $SPCX with “Strong Buy”. Giving it a $800 PT, valuing SpaceX at a ~$10T valuation. No words. Jokes about “institutional” notes for retail write themselves. https://t.co/B0uRojaNJZ”Original post：X / @aleabitoreddit ↗