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SpaceX Joins Bank of America Global Research’s Favored U.S. Equities

The research unit raised its price target for SpaceX to $275 from $235.

Updated 1 min read
Workers inspect a rocket stage inside SpaceX’s manufacturing facility in Hawthorne, California. / TokenPost.ai
Workers inspect a rocket stage inside SpaceX’s manufacturing facility in Hawthorne, California. / TokenPost.ai

Bank of America Global Research raised its SpaceX price target to $275 from $235 before adding the company to the U.S. equities it favors, marking a change in its stock selections.

The revised target is $40 above the previous $235 figure. The equity selection followed the target increase.

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