$SPCX - BofA raises SpaceX price target to $275 from $235 and maintains a buy rating
Q3 results beat the Street across metrics and the company "raised the ante on what's coming in 2027." Last quarter's $100B run-rate revenue guidance by end of 2026 is "not only on track, its approaching rapidly," says the analyst, who notes that the company now anticipates $33B-$37B of revenue in Q1 of 2027, well ahead of the roughly $22B consensus coming into the report.