SpaceX Gets Sell Rating from Analyst: Stock Could Drop 25%

Investors typically watch for analyst ratings as they can influence stock movements. On Friday, SpaceX (SPCX-US) shares received another sell rating from DZ Bank's analyst Markus Leistner, who focused on the company's cash position. This new analysis led to a sell recommendation with a target price of $100 per share, indicating potential for a 25% drop in stock value according to this forecast.