Virgin Galactic Soars as Analysts Tout Space Tourism Potential
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Virgin Galactic Holdings Inc. surged the most in more than five months on Monday after analysts turned bullish on the aerospace company partly by its potential to tap into unprecedented demand for space tourism.
Bank of America Global Research and Susquehanna Financial Group on Monday both initiated coverage of the company founded by Richard Branson with buy-equivalent ratings. The stock was among the most actively-traded securities of the day.