SpaceX returned to quarterly profit in its latest results, a development followed by higher share-price targets at Wells Fargo, Citi and UBS, with Wells Fargo's new target highest at $274.
Wells Fargo's new target is $274, up $60 from $214. Citi's figure is now $240, compared with $200 earlier, while UBS's is $230, against $210 before.
Revenue in the third quarter climbed 161% from a year earlier. SpaceX posted net income for the quarter after a loss in the one before it. The report came after U.S. markets closed Oct. 20.
SpaceX has released two quarterly reports since going public in June. August's initial report covered the second quarter.
