ViaSat rises after report Barclays lifts rating to 'equalweight'

ViaSat

08/04/2026 11:57

** Satellite communications firm ViaSat's shares VSAT.O  rise 8.2% to $58.30 premarket

** Barclays upgrades its rating on stock to "equalweight" from "underweight", Investing.com reports

** Report says brokerage cites VSAT's approaching free cash flow break-even and upcoming launch of a key satellite as factors for upgrade

** Adds that brokerage notes VSAT's strategic reviews could lead to the disposal of co's defense business

** Barclay's lifts price target to $49 from an undisclosed prior level according to report, incorporating a higher valuation for defense assets along with potential spectrum assets valuation upside

** Five brokerages rate the stock "buy" or higher, 3 "hold" and 1 "sell"; their median PT is $50 - LSEG compiled data

** As of last close, stock had risen 56.4% YTD

 (Reporting by Aatreyee Dasgupta)

 ((Aatreyee.Dasgupta@thomsonreuters.com))