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Analysts Conflicted on These Technology Names: Virgin Galactic Holdings (SPCE) and Roblox (RBLX)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Virgin Galactic Holdings (SPCEResearch Report) and Roblox (RBLXResearch Report).

Virgin Galactic Holdings (SPCE)

In a report released today, Ronald Epstein from Bank of America Securities maintained a Sell rating on Virgin Galactic Holdings, with a price target of $3.00. The company’s shares closed last Thursday at $4.23.

According to TipRanks.com, Epstein is a 4-star analyst with an average return of 3.9% and a 58.7% success rate. Epstein covers the Industrial Goods sector, focusing on stocks such as Raytheon Technologies, Teledyne Technologies, and Huntington Ingalls.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Virgin Galactic Holdings with a $3.81 average price target.

See the top stocks recommended by analysts >>

Roblox (RBLX)

Bank of America Securities analyst Omar Dessouky reiterated a Buy rating on Roblox yesterday and set a price target of $54.00. The company’s shares closed last Thursday at $38.74.

According to TipRanks.com, Dessouky is a 1-star analyst with an average return of -4.7% and a 44.4% success rate. Dessouky covers the Technology sector, focusing on stocks such as Playtika Holding, Electronic Arts, and Digital Turbine.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roblox with a $43.67 average price target, implying a 9.2% upside from current levels. In a report issued on June 27, Piper Sandler also maintained a Buy rating on the stock with a $53.00 price target.

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