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Why CFRA Holds a Sell Rating on SPCX

Why CFRA Holds a Sell Rating on SPCX

CFRA's Keith Snyder says "there was a lot to like" in SpaceX (SPCX) earnings, but he points to a red flag in the company's capex spending levels. He also likes the "firm" computing power contracts SpaceX holds but he wants to hear if the company can grow "on its own without renting out excess capacity.

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Source: Schwab Network
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