After-Hours Stock Movers 09/29: (ORN) (SPCE) (AFMD) Higher; (LNDC) (KAVL) Lower (more...)

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Virgin Galactic (SPCE) FAA Clearance News Lifts Overhang - Jefferies

September 30, 2021 8:12 AM EDT

Jefferies analyst Greg Konrad reiterated a Buy rating and $33.00 price target on Virgin Galactic (NYSE: SPCE) after the FAA close its inquiry that opened on Aug 11 allows Virgin Galactic to restart spaceflights.

"In our view, the announcement lifts an overhang for SPCE,... More