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Citizens Reiterates Market Outperform Rating on Salesforce (CRM) Following Fin Acquisition and Agentforce Expansion
Insider Monkey35d agobullish
Citizens Reiterates Market Outperform Rating on Salesforce (CRM) Following Fin Acquisition and Agentforce Expansion

Salesforce Inc. (NYSE:CRM) ranks among the AI stocks beyond NVIDIA that could surge in 2026. Following the company’s acquisition announcement for Fin, Citizens retained a Market Outperform rating and a $315 price target for Salesforce Inc. (NYSE:CRM) on June 23. Salesforce Inc. (NYSE:CRM) announced on June 15 that it had inked a definitive deal to […]

Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba
24/7 Wall St.55d agoneutral
Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

University of Florida finance professor Jay Ritter, who runs the school’s IPO Initiative and is widely regarded as the dean of IPO research, told CNBC on June 11, 2026, that SpaceX’s pending offering will set a first-day underpricing record that dwarfs prior benchmarks held by Visa and Alibaba. “SpaceX is almost certainly going to blow ... Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

BofA’s Hartnett Warns Mega-IPOs Risk Bubble Like Roaring ‘20s
Bloomberg75d agoneutral
BofA’s Hartnett Warns Mega-IPOs Risk Bubble Like Roaring ‘20s

(Bloomberg) -- Mega IPOs like those eyed by SpaceX and OpenAI threaten to push the weighting of tech in equity benchmarks beyond market-bubble levels of concentration, according to Bank of America Corp. strategist Michael Hartnett.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With Oman Over Permanent Hormuz Toll SystemModi’s To

The Professor Who Tracks Every US IPO Just Issued a Warning on SpaceX: “Most of the Time, Things Don’t Go According to Plan.”
24/7 Wall St.82d agoneutral
The Professor Who Tracks Every US IPO Just Issued a Warning on SpaceX: “Most of the Time, Things Don’t Go According to Plan.”

Wall Street braces for what could be the largest stock market debut in history, but the most cited academic on US IPO performance is warning buyers to sit on their hands. SpaceX is reportedly targeting a valuation of roughly $1.75 trillion in its planned offering, and Reuters this morning lined the deal up against three ... The Professor Who Tracks Every US IPO Just Issued a Warning on SpaceX: “Most of the Time, Things Don’t Go According to Plan.”

How SpaceX stacks up against some of the biggest US IPOs
Reuters82d agoneutral
How SpaceX stacks up against some of the biggest US IPOs

SpaceX is targeting a valuation of roughly $1.75 trillion in its upcoming ‌initial public offering, in what could be the ‌biggest-ever stock market debut by a U.S. company on Wall Street. The ​listing of Elon Musk-led SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa and Facebook, now Meta Platforms, which analysts ‌say reflects high growth ⁠expectations from the rocket and satellite company that it may struggle to meet. Analysts ‌say SpaceX's proposed valuation reflects in part how much investors are being asked to pay for future growth.