Virgin Galactic soars 23% as analysts raise stock ratings
Shares of Virgin Galactic have advanced 72% in 2020
28 September 2020 - 23:15
New York — Virgin Galactic surged the most in more than five months on Monday after analysts turned bullish on the aerospace company partly by its potential to tap into unprecedented demand for space tourism.
Bank of America Global Research and Susquehanna Financial Group on Monday both initiated coverage of the company founded by Richard Branson with buy-equivalent ratings. The stock was among the most actively traded securities of the day...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.