Viasat shares fall as slowing fixed broadband hurts revenue outlook
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ViaSat (VSAT) PT Lowered to $28 at Needham
May 22, 2024 7:12 AM EDTNeedham analyst Ryan Koontz lowered the price target on ViaSat (NASDAQ: VSAT) to $28.00 (from $35.00) while maintaining a Buy rating.
The analyst comments "VSAT reported F4Q24 results with pro-forma revenue (+5% y/y) and EBITDA above consensus, driven again by strong gov't... More
Deutsche Bank Reiterates Hold Rating on ViaSat (VSAT)
May 22, 2024 5:31 AM EDTDeutsche Bank analyst Edison Yu reiterated a Hold rating and $23.00 price target on ViaSat (NASDAQ: VSAT).
The analyst comments "We are surprised by the negative market action (after-hours) following strong F4Q results and generally solid FY25 outlook. Initially, there was some... More
