Movement Alert｜ViaSat Rises 5.51% in Regular Trading, New Street Research Initiated Coverage with Buy Rating

Market Focus

05/20

On May 20, ViaSat rose 5.51% in regular trading, reaching $74.47/share with trading volume of $27.12 million. The rally follows New Street Research's recent initiation of coverage on ViaSat with a Buy rating.

According to analyst consensus polled by FactSet, ViaSat currently holds an average overweight rating with a mean price target of $65.50. The stock is now trading well above the consensus target, reflecting strong investor confidence. Within the Communication Equipment sector, ViaSat significantly outperformed peers, with most sector constituents declining: Lumentum down 1.43%, Applied Optoelectronics down 2.53%, Nokia down 1.19%, Viavi Solutions down 0.87%, and Cisco up just 0.28%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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The rally follows New Street Research's recent initiation of coverage on ViaSat with a Buy rating.</p><p>According to analyst consensus polled by FactSet, ViaSat currently holds an average overweight rating with a mean price target of $65.50. The stock is now trading well above the consensus target, reflecting strong investor confidence. Within the Communication Equipment sector, ViaSat significantly outperformed peers, with most sector constituents declining: Lumentum down 1.43%, Applied Optoelectronics down 2.53%, Nokia down 1.19%, Viavi Solutions down 0.87%, and Cisco up just 0.28%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VSAT","symbol_name":"衞訊公司","start_time":0,"source_url":"","article_id":"1137712934","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1137712934","pubTimestamp":1779287977,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On May 20, ViaSat rose 5.51% in regular trading, reaching $74.47/share with trading volume of $27.12 million. 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Within the Communication Equipment sector, ViaSat significantly outperformed peers, with most sector constituents declining: Lumentum down 1.43%, Applied Optoelectronics down 2.53%, Nokia down 1.19%, Viavi Solutions down 0.87%, and Cisco up just 0.28%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}