SpaceX Stock Could Reach $600, According to Morgan Stanley. Here’s How. - The Motley Fool
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- Morgan Stanley projected SpaceX stock could reach $600 per share, according to coverage from The Motley Fool and Benzinga.
- Seeking Alpha analysts argued SpaceX (NASDAQ:SPCX) has 'much, much further to decline' after its earnings report.
Why it matters: The split between Morgan Stanley's bullish $600 target and Seeking Alpha's bearish outlook underscores how unsettled Wall Street remains on SpaceX's post-earnings valuation, with the stock trading at a premium that one camp calls justified and another calls stretched.
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