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Why Are Viasat (VSAT) Shares Soaring Today
Stock Story ·
Stock Story reports: What Happened? Shares of global satellite communications provider Viasat jumped 9.1% in the morning session after Raymond James reiterated an Outperform rating and a $107 price target for the company. According to StreetInsider, Raymond James pointed to the completed ViaSat-3 constellation and the chance for EBITDA to grow in the second half of calendar 2026 and into 2027. The firm said finishing those satellite deployments could open a review of the Defense and…