BofA analyst Benjamin Heelan raised the firm’s price target on ViaSat to $28 from $24 and keeps a Buy rating on the shares. The firm updated estimates for the new guidance, noting that its adjusted EBITDA estimates fall about 3%-5% over 2025-27 on average. The firm also rolls forward its price target to FY25.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSAT:
- ViaSat reports Q4 non-GAAP EPS (24c), consensus (63c)
- ViaSat price target lowered to $22 from $23 at Deutsche Bank
- Correction: ViaSat price target lowered to $22 from $23 at Deutsche Bank
- VSAT Earnings: Viasat Plummets on Q4 Loss and Disappointing Outlook
- ViaSat expects to grow revenue and Adjusted EBITDA again in FY26