Timothy Horan
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Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook
Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook June 11 : Oppenheimer became the first global brokerage to start coverage of SpaceX, ahead of the rocket and AI company's highly anticipated $75 billion market debut on Friday. The brokerage issued an "outperform" rating and set a price target of $190, implying an upside of nearly 41 per cent to SpaceX's IPO price of $135. The $190 price target means Oppenheimer expects Elon Musk-led SpaceX, aiming for a $1.75...