Needham Maintains Buy on Viasat, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan Koontz maintains a Buy rating on Viasat (NASDAQ:VSAT) but lowers the price target from $28 to $19.
October 15, 2024 | 9:35 am
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Needham analyst Ryan Koontz maintains a Buy rating on Viasat but lowers the price target from $28 to $19, indicating a more cautious outlook.
The lowered price target from $28 to $19 suggests a more cautious outlook on Viasat's future performance, which could lead to a short-term negative impact on the stock price despite the maintained Buy rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100