Form 8-K Virgin Galactic Holdings For: Nov 03
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Virgin Galactic (SPCE) PT Lowered to $11 at Jefferies
November 7, 2022 8:42 AM ESTJefferies analyst Greg Konrad lowered the price target on Virgin Galactic (NYSE: SPCE) to $11.00 (from $14.00) while maintaining a Buy rating.
The analyst commented, "Q3 results point to ongoing investments to expand capacity w/$107MM of Q3 FCF usage increasing to $126MM in... More
