JP Morgan Maintains Overweight on Viasat, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex maintains an Overweight rating on Viasat (NASDAQ:VSAT) but lowers the price target from $30 to $23.
May 31, 2024 | 5:37 pm
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JP Morgan analyst Brian Essex maintains an Overweight rating on Viasat but lowers the price target from $30 to $23.
The lowered price target from $30 to $23 suggests a less optimistic outlook for Viasat's stock performance, which could lead to a short-term decline in its stock price despite the maintained Overweight rating.
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