Goldman Sachs Maintains Neutral on Virgin Galactic Hldgs, Lowers Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Noah Poponak maintains a Neutral rating on Virgin Galactic Holdings (NYSE: SPCE) but lowers the price target from $61 to $53.
August 09, 2024 | 3:53 pm
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Goldman Sachs analyst Noah Poponak maintains a Neutral rating on Virgin Galactic Holdings (NYSE: SPCE) but lowers the price target from $61 to $53.
The lowered price target from $61 to $53 by Goldman Sachs suggests a less optimistic outlook for Virgin Galactic Holdings. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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