[Wall Street Intensively Covers SpaceX: Raymond James Sets Target as High as $800, Morgan Stanley Moves to $300] According to Golden Finance, on July 7, SpaceX (stock ticker: SPCX.O) has received intensive coverage from top-tier Wall Street investment banks. So far, 14 mainstream brokerage firms and research institutions have included SpaceX in their research scope for the first time. Overall, Wall Street holds a generally optimistic view of SpaceX's commercial prospects and valuation potential, with 13 institutions issuing "Buy" or "Overweight" ratings, and only one adopting a cautious stance. Among all the covering institutions, Raymond James stands out as the most aggressive, issuing a "Strong Buy" rating for SpaceX and setting a rare target price of $800, far exceeding the market average. Morgan Stanley follows closely behind, assigning an "Overweight" rating with a target price of $300. The remaining 11 institutions with bullish ratings have relatively concentrated valuation logic, with target prices generally ranging between $190 and $250. In contrast, MoffettNathanson is currently the only institution on Wall Street adopting a cautious attitude. The firm has issued a "Neutral" rating for SpaceX, setting a target price of just $131—nearly 84% lower than Raymond James' highest valuation. This reflects the firm's reservations about the company's current valuation premium or short-term monetization capabilities.