By Michael Bloom
Publication Date: 2026-06-11 12:42:00
Here are the biggest calls on Wall Street on Thursday: New Street initiates SpaceX as buy New Street says the space company stock is well positioned. “Based on our low-end market growth assumptions, our $2.3tn valuation assumes they win 75% of this market. If though the whole opportunity grows to our high-end estimate and SpaceX wins 50% share, it would imply a fair value of $330/ share.” Read more. BTIG initiates Sensei Therapeutics as buy The firm said in its initiation of Sensei that the biotech’s stock has plenty of room to run. “The co was formed via Sensei’s acquisition of Faeth Therapeutics in Feb 2026, concurrent with a $200M PIPE extending runway through both key data readouts.” Bank of America upgrades Intel to buy from underperform Bank of America says it sees a CPU opportunity. “We double-upgrade Intel (INTC) to Buy from Underperform on higher confidence in INTC’s opportunity to help address industry constraints in leading edge wafers/packaging, plus supply into a much larger agentic CPU [central processing unit] TAM.” Read more. Oppenheimer reiterates Tesla as perform Oppenheimer says it’s not a given that Tesla and SpaceX will merge anytime soon. “While we anticipate TSLA shares will see some support on speculation of a merger with SPCX, we believe CEO Elon Musk’s longer term vision of AI is best served by diversified, flexible access to capital and believe having two public currencies supports that strategy most effectively.” Bank of America reiterates…
