Here's Why Virgin Galactic, Coca-Cola, Square, Tilray, Aphria Are Moving

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.

The following are the latest analyst rating updates for Virgin Galactic, Coca-Cola, Square, Tilray and Aphria.

Bernstein analyst Douglas Harned initiated coverage of Virgin Galactic Holdings Inc SPCE with a Market Perform rating and $27 price target. 

Shares of Virgin Galactic were hammered Monday, trading lower by 8% on the day. 

Wolfe Research analyst Greg Badishkanian initiated coverage of Coca-Cola Co KO with a Peer Perform rating.

Shares of Coca-Cola were trading lower by 0.34% at $53.17 premarket Tuesday.

Needham analyst Mayank Tandon maintained a Buy rating on Square Inc SQ and raised the price target from $300 to $310.

Shares of Square were trading higher by 0.9% at $267.50 premarket Tuesday. 

Aphria Inc APHA shares are trading lower by 5.5% at $13.18 after Canaccord Genuity downgraded the stock from Speculative Buy to Hold.

Tilray Inc TLRY was trading lower in sympathy by 6.3% at $16.10 at the time of publication.

Photo courtesy of Virgin Galactic. 

Posted In: Analyst ColorNewsDowngradesPrice TargetInitiationAnalyst RatingsMoversTrading Ideas