Prominent investor Serenity, known as the "White-Haired Stock God," has questioned Raymond James Financial's decision to assign a "Strong Buy" rating to SPCX with a target price of $800. This new target represents a significant increase from the previous $160. Serenity highlighted that such a valuation would imply SpaceX reaching a $10 trillion market cap, expressing disbelief and humor over the institutional research reports' interpretations for retail investors.
Serenity Criticizes Raymond James' $800 Target for SPCX
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