Ronald Epstein

Against the backdrop of the Russia-Ukraine conflict, the U.S. defense budget could increase to 3.5% to 4% of GDP, according to BofA Securities. The Defense Analyst: Ronald Epstein reiterated the ratings for defense stocks while raising their price targets. L3Harris Technologies Inc (NYSE: LHX):...

Virgin Galactic Holdings Inc (NYSE: SPCE) has announced the opening of space flight ticket sales to the public on Feb. 16. Reservations are being offered at $450,000, with an initial deposit of $150,000, according to BofA Securities. The Virgin Galactic Holdings Analyst: Ronald Epstein...

The international space race is heating up, and a wave of new space stocks hit the public market in 2021. Unfortunately for investors, the share prices of all but one of those space stocks are suffering from a major failure to launch. Rocket Lab’s Liftoff: On Monday, Bank of America analyst...

Boeing Co (NYSE: BA) has struggled with several production issues in its 787 program in recent years. In anticipation of further production delays, on Monday one analyst once again cut his 787 delivery targets and price target for Boeing stock. The Analyst: Bank of America analyst Ronald Epstein...

The international space race is heating up, and some investors see major profit opportunities in the future space economy. On Wednesday, Bank of America analyst Ronald Epstein highlighted the latest developments among companies competing for the lead in the nascent commercial spaceflight industry....

Virgin Galactic Holdings Inc (NYSE: SPCE) Thursday announced postponing Unity 23, its mission for the Italian Air Force scheduled for mid-October, to the second half of 2022 and delay its first commercial flight to the fourth quarter of 2022. The latest announcement calls into question the company...

Astra Space Inc (NASDAQ: ASTR) has limited near-term upside due to development and commercialization risks ahead, according to BofA Securities. The Astra Space Analyst: Ronald Epstein initiated coverage of Astra Space with an Underperform rating and $9 price target. The Astra Space...

Virgin Galactic Holdings Inc (NYSE: SPCE) shares soared 13% on Thursday after the Federal Aviation Administration (FAA) cleared the company to resume lights. However, Bank of America analyst Ronald Epstein remains bearish on Virgin and said the stock’s valuation is “largely unaffected...

Boeing Co (NYSE: BA) reported August delivery numbers Wednesday that suggest its full-year delivery target may be at risk, according to a BofA Securities analyst.  What Happened? Boeing reported 22 deliveries, 53 gross orders and 23 net orders in the month of August. The August numbers were a...

Mercury Systems Inc (NASDAQ: MRCY) reported a 3% decline in organic earnings for the fiscal fourth quarter and announced disappointing guidance for fiscal 2022, citing the timing of awards, administration changes and customer execution issues as the reasons, according to BofA Securities. The...

Virgin Galactic Holdings Inc (NYSE: SPCE) shares have come crashing back to Earth since the company successfully completed a Unity 22 space flight back in July, and one analyst said Friday the stock will likely continue to struggle in the near-term. The Virgin Galactic Analyst: Bank of America...

Boeing Co (NYSE: BA) shares were trading down Monday after the company announced yet another delay in its Starliner program last week. The Starliner issues are just the latest in a long list of struggles for Boeing in recent years, and BofA Securities analyst Ronald Epstein said Monday it...

Parsons Corp’s (NYSE: PSN) disappointing second-quarter results and unexpected guidance reduction raise concerns around the execution of the company’s margin and M&A integration strategies, according to BofA Securities. The Parsons Analyst: Ronald Epstein downgraded the rating for...

Virgin Galactic Holdings Inc (NYSE: SPCE) shares have taken a beating this week after founder Sir Richard Branson completed his journey to space over the weekend. The stock initially traded higher on Monday morning before Virgin announced a new $500 million share offering, which sent the stock into...