Why Urban Outfitters Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2024
0mins
Source: Benzinga
- Urban Outfitters, Inc. URBN: Shares rose in pre-market trading after reporting better-than-expected first-quarter financial results.
- MGO Global, Inc. MGOL: Saw a significant gain in pre-market trading following a substantial increase in first-quarter financial results.
- Barnes & Noble Education, Inc. BNED: Experienced a notable rise in pre-market trading due to potential strategic transaction developments.
- Mustang Bio, Inc. MBIO: Shares rebounded in pre-market trading after a previous decline on Tuesday.
- Akoustis Technologies, Inc. AKTS: Witnessed an increase in pre-market trading after a legal ruling in favor of Qorvo Inc. against Akoustis.
Analyst Views on VSAT
Wall Street analysts forecast VSAT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for VSAT is 40.33 USD with a low forecast of 23.00 USD and a high forecast of 52.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
4 Buy
2 Hold
1 Sell
Moderate Buy
Current: 44.110
Low
23.00
Averages
40.33
High
52.00
Current: 44.110
Low
23.00
Averages
40.33
High
52.00
About VSAT
Viasat, Inc. is a global communications company. Its segments include communication services and defense and advanced technologies. The communication services segment provides a wide range of broadband and narrowband communications solutions across government and commercial mobility markets, as well as for residential and enterprise fixed broadband customers. In addition, this segment includes the development and sale of a wide array of advanced satellite and wireless products and terminals that support or enable the provision of fixed and mobile broadband and narrowband services. The defense and advanced technologies segment develops and offers a diverse array of vertically integrated solutions to government and commercial customers, leveraging its core technical competencies in encryption, cybersecurity, tactical gateways, modems and waveforms. Its services are designed to provide customers with the capacity density, market access, speed, bandwidth and responsiveness they need.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
