Brokerages Set Voyager Technologies, Inc. (NYSE:VOYG) PT at $42.71

Voyager Technologies, Inc. (NYSE:VOYG) has received an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and five have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $42.7143.

A number of equities research analysts recently issued reports on VOYG shares. Weiss Ratings restated a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, October 8th. Morgan Stanley lowered their price target on shares of Voyager Technologies from $46.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, November 24th. JPMorgan Chase & Co. initiated coverage on shares of Voyager Technologies in a report on Monday, November 24th. They issued an “overweight” rating and a $43.00 price objective for the company. Bank of America reduced their price objective on shares of Voyager Technologies from $50.00 to $41.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Finally, KeyCorp dropped their target price on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, November 6th.

Voyager Technologies Stock Performance

Shares of VOYG opened at $24.46 on Thursday. Voyager Technologies has a 1 year low of $17.41 and a 1 year high of $73.95. The company has a fifty day moving average price of $27.32.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VOYG. Senvest Management LLC purchased a new stake in shares of Voyager Technologies in the second quarter worth about $110,514,000. Alyeska Investment Group L.P. bought a new stake in Voyager Technologies during the 3rd quarter worth approximately $54,119,000. Wellington Management Group LLP increased its holdings in Voyager Technologies by 653.9% during the 3rd quarter. Wellington Management Group LLP now owns 1,631,613 shares of the company’s stock worth $48,589,000 after acquiring an additional 1,415,192 shares during the period. Vanguard Group Inc. lifted its stake in Voyager Technologies by 27.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,186,823 shares of the company’s stock worth $35,344,000 after purchasing an additional 256,499 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC bought a new position in Voyager Technologies in the 2nd quarter valued at $41,607,000.

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.