Morgan Stanley sees Virgin Galactic stock falling further, warning of more development changes

Published Tue, Oct 19 202111:34 AM EDT

Michael Sheetz @in/michaeljsheetz @thesheetztweetz

Virgin Galactic’s space tourism rocket plane SpaceShipTwo returns after a test flight from Mojave Air and Space Port in Mojave, California, December 13, 2018.

Gene Blevins | Reuters

Morgan Stanley on Tuesday lowered its price target for Virgin Galactic's stock, calling for shares of the space tourism company to fall further amid delays and development changes.