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Fly News Breaks for November 8, 2019
VSAT
Nov 8, 2019 | 08:25 EDT
Needham analyst Richard Valera lowered his price target on ViaSat to $90 to reflect the multiple compression among its peers but keeps his Buy rating after its "strong" Q2 results. The analyst notes the quarter exceeded his forecasts across all metrics thanks to the earlier than expected receipt of government business and another strong ARPU performance in Consumer broadband.
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