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But we saved everything 🙂.
Danny Naz reports that Wedbush has initiated coverage of SpaceX with an Outperform rating and a $190 price target, describing the company as a prospective major hyperscaler in connectivity, launch, and AI infrastructure.
The bullish outlook is based on Starlink's global potential, positioning SpaceX for significant growth opportunities.
Naz has previously highlighted price action in other sectors. He noted Galaxy Digital’s approach to major weekly resistance at 34.33, with a potential move toward prior highs. In another report, Naz covered BofA’s decision to raise its Zeta price target to $28 after a new partnership with Palantir.