Analyst Hikes Virgin Galactic Price Target 50% After Dropping It 33% Last Week: What's Going On
Hold on to your seats as Virgin Galactic Holdings (NYSE: SPCE) stock soars into space, much as its VSS Unity spaceplane did over the weekend after the oft-delayed test flight finally reached the pre-ordained altitude of 44,000 feet.
And just as fast, Wall Street analysts reversed themselves and upgraded the stock. Don't worry: You're not the only one who got whiplash from the course correction.
The Virgin Galactic spaceplane. Image source: Virgin Galactic.
Source Fool.com
