CNBC Pro

UBS cuts price target for Virgin Galactic after supplier issue causes delay of next planned flight

Share
Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico.
Virgin Galactic

Another hiccup in the flight schedule for Virgin Galactic should help keep a lid on the stock in the months ahead, according to UBS.

More In Street Calls

CNBC ProMorningstar slashes its price targets for Macao casino stocks, flags areas of concern
CNBC ProGoldman Sachs picks 6 Chinese chip stocks — some with over 50% upside
CNBC ProThese stocks are starting to captivate analysts with their incredibly attractive risk/reward