ViaSat Shares Jump 14% Following Deutsche Bank Upg…

From Financial Modeling Prep: 2025-03-24 17:10:00

ViaSat (NASDAQ:VSAT) received an upgrade from Deutsche Bank to Buy with a price target of $15, up from $13. Despite competitive concerns, analysts see a compelling risk/reward setup, leading to a 14% gain in shares. The firm remains cautious about communication services but highlights potential value creation through asset monetization.

Deutsche Bank identifies key catalysts for ViaSat, including the potential sale of L-band spectrum, DAT hardware business, and gains from ViaSat-3 satellites. These initiatives could reduce debt and unlock shareholder value. While opportunities may take time to materialize, the stock’s current valuation offers an attractive entry point with 50% upside potential based on the revised price target.



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