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Serenity questions Raymond James Financial's Strong Buy rating for SPCX, calling the research report "speechless"

2026-07-07 12:22

Odaily News "White Hair Stock God" Serenity posted that Raymond James Financial initiated coverage of SPCX with a "Strong Buy" rating and set a price target of $800, a significant increase from the previous $160.

In response, Serenity stated that this price target implies a valuation of $10 trillion for SpaceX, and said he was "speechless" about it, jokingly adding that the so-called "institutional research report" interpreted for retail investors speaks for itself.

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