B of A Securities Maintains Buy on Viasat, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Benjamin Haynor maintains a Buy rating on Viasat (NASDAQ:VSAT) but lowers the price target from $31 to $19.
September 20, 2024 | 1:12 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Viasat but lowers the price target from $31 to $19, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Viasat's potential, but the significant reduction in the price target from $31 to $19 reflects a more cautious outlook on its short-term performance. This mixed signal may lead to neutral short-term price movement as investors digest the implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100