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Oppenheimer Gives SpaceX 'Outperform' Rating with Target Price of $190

On June 11, American investment bank and brokerage firm Oppenheimer initiated coverage of SpaceX (SPCX), assigning an 'Outperform' rating with a target price of $190. SpaceX is set to debut on NASDAQ under the ticker symbol 'SPCX' on June 12. The company has set an offering price of $135 per share, aiming to raise $75 billion.

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