Barclays analyst Mathieu Robilliard lowered the firm’s price target on ViaSat to $41 from $47.50 and keeps an Equal Weight rating on the shares. The Q2 results are evidence that the company needs additional capacity and a more competitive fleet to maximize its revenue opportunity, Robilliard tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on VSAT:
- Musk’s SpaceX Gets FCC Nod to Deploy up to 7,500 Satellites
- ViaSat-3 satellite completes final integrated satellite test
- ViaSat downgraded to Market Perform from Outperform at Raymond James
- Viasat and Inmarsat Receive Approval for Proposed Combination from Australia’s Foreign Investment Review Board