Roth MKM Maintains Buy Rating for Gogo: Here's What You Need To Know

Roth MKM has decided to maintain its Buy rating of Gogo GOGO and lower its price target from $18.75 to $17.50.

Shares of Gogo are trading up 0.0% over the last 24 hours, at $10.21 per share.

A move to $17.50 would account for a 71.4% increase from the current share price.

About Gogo

Gogo Inc is a us-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.