Barclays Maintains Equal-Weight Rating for Viasat: Here's What You Need To Know

Barclays has decided to maintain its Equal-Weight rating of Viasat VSAT and lower its price target from $42.00 to $40.00.

Shares of Viasat are trading down 0.29% over the last 24 hours, at $23.85 per share.

A move to $40.00 would account for a 67.71% increase from the current share price.

About Viasat

Viasat Inc provides bandwidth technologies and services in three segments: satellite services, which provides satellite-based high-speed broadband services to consumers, enterprises, and commercial airlines; commercial networks, which develops end-to-end communication and connectivity systems; and government systems, which produces network-centric Internet Protocol-based secure government communication systems. A large majority of the firm's revenue is generated in the United States, with the rest coming from the Americas, Europe, Middle East, Africa, and Asia-Pacific.

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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

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Posted In: Analyst RatingsBZI-AAR-UPDATE
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