Morgan Stanley Assumes ViaSat (VSAT) at Equalweight

December 16, 2021 4:44 AM EST
Get Alerts VSAT Hot Sheet
Price: $38.37 --0%

Rating Summary:
    7 Buy, 7 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 8 | New: 23
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Morgan Stanley analyst Landon Park assumes coverage on ViaSat (NASDAQ: VSAT) with a Equalweight rating and a price target of $51.00.

The analyst comments "The Inmarsat acquisition positions the company well to build global scale but brings integration risk/a long closing timeline. While we see the potential for substantial value creation, we remain Equal-weight given execution risk, near-term cash burn and competitive uncertainty. PT to $51 from $70."

For an analyst ratings summary and ratings history on ViaSat click here. For more ratings news on ViaSat click here.

Shares of ViaSat closed at $45.68 yesterday.

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