JP Morgan Reinstates Neutral on Viasat, Announces $35 Price Target
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Philip Cusick has reinstated Viasat (NASDAQ:VSAT) with a Neutral rating and announced a $35 price target.

August 16, 2023 | 9:59 am
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NEUTRAL IMPACT
JP Morgan has reinstated Viasat with a Neutral rating and a $35 price target. This could influence investor sentiment and the stock's price.
Analyst ratings and price targets can significantly influence investor sentiment and the stock's price. In this case, JP Morgan's neutral rating suggests that they believe the stock is fairly valued at its current price. The $35 price target indicates where they believe the stock's price will be in the future. This could lead to increased trading activity and potential price changes.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100