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Fly News Breaks for June 14, 2017
VSAT
Jun 14, 2017 | 05:40 EDT
B. Riley analyst Mike Crawford views yesterday's selloff in shares of ViaSat following a short-seller research report as a buying opportunity. The report came from a "shop that dislikes satellite and spectrum plays," but ViaSat's "valuable" Government Systems business and "flexible, high-capacity, low-cost global" communications network is a "killer combo," Crawford tells investors in a research note. He keeps a Buy rating on the shares with an $89 price target.
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