Brokers Set Expectations for Viasat, Inc.’s FY2023 Earnings (NASDAQ:VSAT)
, 2023-01-16 01:14:22,
→ Know Your Profit Potential BEFORE You Trade! (From Tradewins)
Viasat, Inc. (NASDAQ:VSAT – Get Rating) – B. Riley lowered their FY2023 earnings estimates for shares of Viasat in a note issued to investors on Thursday, January 12th. B. Riley analyst M. Crawford now anticipates that the communications equipment provider will post earnings per share of ($1.68) for the year, down from their previous estimate of ($1.34). The consensus estimate for Viasat’s current full-year earnings is ($1.81) per share. B. Riley also issued estimates for Viasat’s Q4 2023 earnings at ($0.42) EPS.
A number of other research firms also recently issued reports on VSAT. Morgan Stanley lifted their price objective on shares of Viasat from $34.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, November 8th. Raymond James downgraded shares of Viasat from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 15th. Barclays lowered their price objective on shares of Viasat from $47.50 to $41.00 in a report on Monday, December 5th. Finally, StockNews.com downgraded shares of Viasat from a “hold” rating to a “sell” rating in a report on Tuesday, November 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Viasat presently has an average rating of “Hold” and an average target price of $53.80.
Viasat Stock…
,
To read the original article from news.google.com, Click here