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Vertical Research Partners initiates Virgin Galactic at buy with a $20 price target

Vertical Research Partners is the first firm to initiate coverage of Virgin Galactic. Analyst Darryl Genovesi has a buy rating on the stock, with a price target of $20, which is more than double from Tuesday's close of $9.68. In a note to investors, Genovesi writes that its risk profile is misunderstood. He joins The Final Round to discuss the bullish call.