Morgan Stanley target price 300dollars…recommends buying SpaceX
Major U.S. investment banks, including Morgan Stanley and Goldman Sachs, 7days issued buy ratings on SpaceX. Morgan Stanley set a target price of 300dollars, which is 160.42dollars above the previous session’s closing price, or 87% higher. Morgan Stanley’s Adam Jonas expected demand for AI services to support growth.
Major U.S. investment banks, including Morgan Stanley and Goldman Sachs, 7days issued buy ratings on SpaceX. That day marked the end of the 25-day “quiet period,” during which they could not issue investment opinions after the listing.
In the United States, investment banks serving as listing underwriters are prohibited from disclosing investment opinions for a certain period immediately after a listing. This rule is applied to reduce confusion in the market during the early stages of a listing.
Morgan Stanley set a target price of 300dollars that day. The target price is a figure included in the report issued by the company.
The previous session's closing price was 160.42dollars, and Morgan Stanley's target price of 300dollars was 87% higher than the previous session. These figures are comparison figures cited in the article.
Morgan Stanley analyst Adam Jonas believed that demand for AI services would support SpaceX's growth. His comments were included in a report released that day.
Other major investment banks, including Goldman Sachs, also issued buy recommendations on the same day. The simultaneous release of opinions from several investment banks coincided with the end of the quiet period.
Sources: 연합인포맥스
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