Viasat, Inc. (NASDAQ:VSAT) Receives Consensus Recommendation of “Hold” from Analysts
, 2022-12-24 00:26:56,
Viasat, Inc. (NASDAQ:VSAT – Get Rating) has received a consensus rating of “Hold” from the seven brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $55.25.
VSAT has been the subject of several recent analyst reports. Barclays dropped their target price on Viasat from $47.50 to $41.00 in a research report on Monday, December 5th. Morgan Stanley boosted their price target on Viasat from $34.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, November 8th. Raymond James lowered Viasat from an “outperform” rating to a “market perform” rating in a report on Tuesday, November 15th. Finally, StockNews.com lowered Viasat from a “hold” rating to a “sell” rating in a report on Tuesday, November 15th.
Insider Activity at Viasat
In other Viasat news, EVP Keven K. Lippert sold 2,750 shares of the company’s stock in a transaction on Monday, December 5th. The shares were sold at an average price of $32.90, for a total value of $90,475.00. Following the sale, the executive vice president now directly owns 12,290 shares of the company’s stock, valued at $404,341. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a…
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