Why Virgin Galactic Stock Is a Gainer Again Today

Shares of space tourism pioneer Virgin Galactic Holdings (NYSE: SPCE) got a huge lift Wednesday when investment banker Canaccord Genuity initiated coverage of the stock with a new buy rating and a $35 price target promising 30% profits.

Optimism over these prospects continued to lift Virgin Galactic shares higher today, and the stock was up a solid 4% as of 12:15 p.m. EDT on Thursday.  

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Source Fool.com