Sentiment: Positive
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SpaceX (SPCX) Stock: “Crazy Overvalued” – Wall Street Bears Target $75 After Post-Earnings Rally
By Trader Edge at 2026-08-19 05:33
Sentiment: Positive
TLDR Phillip Securities analyst Glenn Thum reiterated a Sell rating on SPCX with a $75 price target, implying a 47% downside from current levels. NYU professor Scott Galloway called SpaceX “crazy overvalued,” saying the stock is worth just $10 to $30 per share. SpaceX posted blowout Q2 earnings with revenue up 92% year-over-year to $7.8 [...] The post SpaceX (SPCX) Stock: “Crazy Overvalued” – Wall Street Bears Target $75 After Post-Earnings Rally appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central