$SPCX
Institutional sentiment remains strong, and the bullish case is still intact. Nasdaq-100 quarterly rebalancing is expected to increase SPCX exposure, while the post lock-up float could rise from 10% to 30%, potentially attracting significant passive fund inflows.
Pivot Research recently initiated coverage with a Buy rating and a $220 target. Q2 revenue came in at $7.81B, up 92% year-over-year, highlighting solid business momentum. Even after the recent move, SPCX still has room to challenge and potentially exceed its previous highs. 🚀
#SPCX #Stocks #Investing #Bullish
Institutional sentiment remains strong, and the bullish case is still intact. Nasdaq-100 quarterly rebalancing is expected to increase SPCX exposure, while the post lock-up float could rise from 10% to 30%, potentially attracting significant passive fund inflows.
Pivot Research recently initiated coverage with a Buy rating and a $220 target. Q2 revenue came in at $7.81B, up 92% year-over-year, highlighting solid business momentum. Even after the recent move, SPCX still has room to challenge and potentially exceed its previous highs. 🚀
#SPCX #Stocks #Investing #Bullish
