⚡️SpaceX $SPCX
SPCXUSDT
perpetual
176.26
-8.97%
I initiated a buy position at Arit
Analyst Arit Andrew Bell has started coverage on SpaceX with a buy rating and a high target price of $401.
The company's Starlink V3 satellites open up significant opportunities in broadband for suburban areas, as the analyst mentions to investors in a research note.
The company states that SpaceX "breaks down tough engineering challenges into incremental tasks" while building hardware and software for space, connectivity, and artificial intelligence.
The target price reflects the magnitude of the opportunities Arit sees in the space.
SPCXUSDT
perpetual
176.26
-8.97%
I initiated a buy position at Arit
Analyst Arit Andrew Bell has started coverage on SpaceX with a buy rating and a high target price of $401.
The company's Starlink V3 satellites open up significant opportunities in broadband for suburban areas, as the analyst mentions to investors in a research note.
The company states that SpaceX "breaks down tough engineering challenges into incremental tasks" while building hardware and software for space, connectivity, and artificial intelligence.
The target price reflects the magnitude of the opportunities Arit sees in the space.