✉news ScienceSpace first seen 20 h ago, last 15 h ago, peak #24
SpaceX Stock Jumps 6% After Morgan Stanley Backs $300 Target
Original: SpaceX (NASDAQ:SPCX) Stock Jumps 6% as Morgan Stanley Says Shares Are ‘Cheap’ and Reiterates US$300 Target
Shares of SpaceX (NASDAQ:SPCX) rose 6% after Morgan Stanley reiterated its US$300 price target and described the stock as cheap. The endorsement from the bank gave the stock a clear lift in trading. Investors appear to be reacting to the renewed bullish call from one of Wall Street's prominent space-sector analysts, with the target implying significant upside from current levels.
Why now: Morgan Stanley's reiterated $300 price target and 'cheap' verdict sparked a visible share price jump, drawing investor attention.
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