BofA Securities Upgrade to buyPCE shares trending higher on monday after BofA Securities upgraded to buy and target price at $35.
Analysts at Susquehanna gave a ‘positive’ rating, with a US$20 share price target.
In the past Virgin Galactic also been rated ‘buy’, or the equivalent, by banks including Morgan Stanley, Credit Suisse, UBS and Cowen.
2 strong reasons Virgin Galactic share price will explode in the future:
-BIG latent demand for space tourism in the future.
-Innovator of space technology with a truly unique offering.
- Long-distance commercial aviation routes: Virgin Galactic is planning to join a new era of commercial supersonic aircraft from 2023.