Barclays Maintains Equal-Weight Rating for Viasat: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barclays has maintained its Equal-Weight rating for Viasat (NASDAQ:VSAT) but lowered its price target from $42.00 to $40.00. Viasat's shares are currently trading down 0.29% at $23.85 per share. A move to $40.00 would represent a 67.71% increase from the current share price.
September 18, 2023 | 5:00 pm
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Barclays has maintained its Equal-Weight rating for Viasat but lowered its price target. This could potentially impact the stock's performance in the short term.
The lowering of the price target by Barclays, a major financial institution, could potentially lead to a decrease in investor confidence in Viasat, thereby negatively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100