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via seekingalpha.comTech & AI

Phillip double-upgrades SpaceX to Buy, triples price target to $250 on AI upside

FROM THE WIRE · SEEKINGALPHA.COM

[SpaceX Headquarters and Sign] P_Wei * Space Exploration Technologies (SPCX [https://seekingalpha.com/symbol/SPCX]) was double-upgraded to 'Buy' from 'Sell' at Phillip Securities as Super Intelligence swings the company into profit, according to a media report on Friday. *…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA double upgrade with a tripled target on a high-profile name can move the stock and AI-related sentiment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Phillip Securities upgraded SpaceX from Sell to Buy.
  2. 02The price target was raised to $250 from $75.
  3. 03FY26 and FY27 revenue estimates were raised, driven by the Super Intelligence division.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Space Exploration Technologies Corp.SPCXStock144.75 USDMarket closedtoday -9.14%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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