James Pethokoukis: Goldman Sachs initiates SpaceX coverage with Buy rating and $205 target

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James Pethokoukis: Goldman Sachs initiates SpaceX coverage with Buy rating and $205 target — Goldman Sachs gives Buy to SpaceX

James Pethokoukis reports that Goldman Sachs has initiated coverage of SpaceX, assigning the SPCX ticker a Buy rating and setting a 12-month price target of $205.

This move marks a significant show of confidence from Goldman Sachs toward SpaceX’s market prospects.

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James Pethokoukis has recently tracked other notable market developments. He reported that the S&P 500 rose 9.3% year-to-date through July 2, with a target of 8250 considered achievable. In earlier coverage, he noted that private equity investors are using AI to create software replicas to evaluate tech advantages before acquisitions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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