Jefferies says buy Virgin Galactic stock on the dip to play the $120 billion space travel market

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Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021.

Virgin Galactic

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Jefferies began coverage of Virgin Galactic with a buy rating on Tuesday, saying the company can tap into the firm’s estimated $120 billion market for space travel demand.

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