Needham Maintains Buy on Viasat, Lowers Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Ryan Koontz maintains a Buy rating on Viasat (NASDAQ:VSAT) but lowers the price target from $60 to $50.
August 11, 2023 | 5:04 pm
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NEUTRAL IMPACT
Needham analyst maintains a Buy rating on Viasat but lowers the price target from $60 to $50.
The news is directly about Viasat and is likely to impact its stock price. While the maintained Buy rating is positive, the lowered price target may have a negative effect. The net impact is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100