Virgin Galactic Holdings (SPCE) Gets a Sell from Morgan Stanley
Morgan Stanley analyst Kristine Liwag maintained a Sell rating on Virgin Galactic Holdings today and set a price target of $2.30.
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According to TipRanks, Liwag is a 5-star analyst with an average return of 14.1% and a 63.86% success rate. Liwag covers the Industrials sector, focusing on stocks such as Boeing, Lockheed Martin, and Amentum Holdings, Inc..
Currently, the analyst consensus on Virgin Galactic Holdings is a Hold with an average price target of $3.66.
Based on Virgin Galactic Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $365 thousand and a GAAP net loss of $64.42 million. In comparison, last year the company earned a revenue of $402 thousand and had a GAAP net loss of $74.54 million
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