Orbital Sciences price target raised to $31-$32 from $25-$26 at Wells Fargo Wells Fargo increased its price target on Orbital Sciences after the company raised its 2014 free cash flow outlook. The firm believes that the company has superior organic growth and is at the start of a multi-year period of very strong cash generation. It keeps an Outperform rating on the stock.
News For ORB From The Last 14 Days
Check below for free stories on ORB the last two weeks.
Orbital nearing launch of its third CRS mission of 2014 Orbital Sciences announced the successful completion of its third cargo delivery mission to the International Space Station in the past 10 months, including the initial demonstration flight completed in October 2013 and the first two operational missions under the company’s $1.9B Commercial Resupply Services, CRS, contract with NASA. The company also noted that it is nearing the launch of its third CRS mission of 2014, which is currently scheduled to take place in mid-October.