JPMorgan Chase & Co. Initiates Coverage on Voyager Technologies (NYSE:VOYG)

Stock analysts at JPMorgan Chase & Co. began coverage on shares of Voyager Technologies (NYSE:VOYG) in a note issued to investors on Monday, MarketBeat reports. The brokerage set an “overweight” rating and a $43.00 price target on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 105.30% from the company’s previous close.

A number of other research firms have also issued reports on VOYG. Wall Street Zen lowered Voyager Technologies from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Bank of America reduced their target price on Voyager Technologies from $50.00 to $41.00 and set a “buy” rating for the company in a report on Monday, August 25th. KeyCorp lowered their price target on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, October 8th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Voyager Technologies has an average rating of “Moderate Buy” and a consensus target price of $42.71.

Voyager Technologies Trading Up 0.4%

Shares of VOYG stock opened at $20.95 on Monday. The firm’s fifty day simple moving average is $28.67. Voyager Technologies has a 1 year low of $17.41 and a 1 year high of $73.95.

Institutional Investors Weigh In On Voyager Technologies

A number of large investors have recently added to or reduced their stakes in the company. Senvest Management LLC purchased a new position in shares of Voyager Technologies in the 2nd quarter worth about $110,514,000. Liberty Street Advisors Inc. bought a new stake in Voyager Technologies in the 2nd quarter worth approximately $21,384,000. Dorsey & Whitney Trust CO LLC bought a new position in Voyager Technologies during the second quarter valued at approximately $41,607,000. Dakota Wealth Management purchased a new position in shares of Voyager Technologies during the second quarter worth approximately $2,426,000. Finally, Greenland Capital Management LP bought a new stake in shares of Voyager Technologies in the 2nd quarter worth approximately $948,000.

Voyager Technologies Company Profile

We are an innovation-driven defense technology and space solutions company. Our company was purpose-built to address issues at the forefront of defense, national security and space industries and we have organized our business to reflect this goal. We strive to solve complex challenges to fortify national security, protect critical assets and unlock new frontiers for human progress and economic development.