SpaceX-linked SPCX: Pivotal starts Buy, $220 target
Pivotal Research initiated coverage on SpaceX (SPCX) with a Buy rating and a $220 price target, citing Starship as the key focus.
SpaceX (SPCX, Financials) has several ambitious businesses, but Pivotal Research said one stands out above the rest. The firm started coverage with a Buy rating and a $220 price target, implying about 49% upside from recent levels. Analyst Jeffrey Wloda…