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Fly News Breaks for March 20, 2017
GOGO
Mar 20, 2017 | 07:37 EDT
After hosting meetings with management, JPMorgan analyst Philip Cusick continues to like shares of Gogo. The analyst left the meetings more confident in the company's 2Ku ramp cycle and better balance sheet. Gogo, as the largest global provider in the "rapidly growing" in-flight broadband segment, is an "increasingly credible partner" for new airlines, Cusick tells investors in a research note. The analyst has an Overweight rating on Gogo with a $13 price target.
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