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HSBC Initiates Coverage on SpaceX with 'Hold' Rating

HSBC initiated coverage on SpaceX, assigning a 'hold' rating and a $115 price target, stating shares are fully valued even with an Elon 'premium'.

24 Jul, 12:31 — 24 Jul, 12:31
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cnbcMostly Factual34d ago

SpaceX shares are fully valued even when taking into account an Elon 'premium,' says HSBC

The Wall Street firm initiated coverage with a hold rating and a $115 price target.

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