GlobalStar (GSAT) Reports Q2 results; offers outlook

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Go back to GlobalStar (GSAT) Reports Q2 results; offers outlook

Globalstar (GSAT) could have Band 53 announcements near-term - Craig-Hallum

August 4, 2023 9:06 AM EDT

Craig-Hallum analyst George Sutton reiterated a Buy rating and $5.00 price target on Globalstar (NYSE: GSAT) following resuls.

The analyst notes the company's chairman agree that the stock is currently undervalued despite improving fundamentals. Management suggests that potential Band 53 deals might happen within 90 days,... More