SpaceX Stock Could Reach $600, According to Morgan Stanley. Here’s How. - Yahoo Finance
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- Morgan Stanley projects SpaceX stock could reach $600, a price target echoed across multiple outlets covering the analyst note.
- Seeking Alpha takes a contrarian bearish view, arguing SpaceX has 'much, much further to decline' after earnings under ticker SPCX.
Why it matters: Morgan Stanley's $600 price target and Seeking Alpha's post-earnings decline warning represent the bullish and bearish poles for SpaceX (SPCX). Investors must now decide whether the analyst optimism outweighs the bearish earnings reaction in determining the stock's near-term direction.
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