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SpaceX Stock Rises Again. Goldman Sachs Hikes Price Target on AI Surge
GuruFocus ·
GuruFocus reports: SpaceX shares continued their recent climb on Tuesday, gaining 2% in morning trading after gaining more than 18% over five sessions. Goldman Sachs lifted its 12-month price target to $230 from $220 while keeping a Buy rating. The higher target reflects improved expectations for SpaceX's artificial intelligence business. Analyst Eric Sheridan raised forecasts for computing capacity, revenue and margins through 2028, citing enterprise demand and recent business activity. At…