Craig-Hallum Reiterates Buy Rating on Globalstar (GSAT) on Band 53 Opportunity
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Get Alerts GSAT Hot Sheet
Price: $84.66 +1.06%
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 25 | New: 12
Rating Summary:
3 Buy, 5 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 16 | Down: 25 | New: 12
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Craig-Hallum analyst George Sutton reiterated a Buy rating and $5.00 price target on Globalstar (NYSE: GSAT) detailing enthusiasm for the Band 53 opportunity for growth, including potential large partner announcements by year end.
Sutton believes the commercial IoT opportunities are significant and deserve a much larger investor audience
For an analyst ratings summary and ratings history on Globalstar click here. For more ratings news on Globalstar click here.
Shares of Globalstar closed at $1.81 yesterday.
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