Virgin Galactic Announces First Quarter 2024 Financial Results and Provides Business Update

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Why Wells Fargo remains bearish on Virgin Galactic (SPCE) stock

May 9, 2024 10:33 AM EDT

Analysts at Wells Fargo remain bearish on Virgin Galactic Holdings (NYSE: SPCE) shares, saying in a research note Thursday that it's "still a waiting game."

The bank maintained an Underweight rating on the shares, cutting the target to $0.75 from $1. They... More