Needham & Company upgraded ViaSat (NASDAQ: VSAT) from Hold to Buy with a price target of $78.00.

Analyst Richard Calera sees an inflection coming Q3 2018 and comments "we believe an expected sharp acceleration of in-flight installs and potential announcements of additional inflight or Government wins could also help the shares."

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 $64.90 yesterday.