Voyager Technologies (NYSE:VOYG) Earns Outperform Rating from Analysts at Wedbush

Wedbush assumed coverage on shares of Voyager Technologies (NYSE:VOYG) in a research report report published on Friday morning, MarketBeat.com reports. The brokerage issued an outperform rating and a $46.00 price target on the stock.

A number of other research firms also recently issued reports on VOYG. Weiss Ratings reiterated a “sell (d)” rating on shares of Voyager Technologies in a research report on Wednesday. KeyCorp dropped their price target on shares of Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Morgan Stanley set a $39.00 price objective on Voyager Technologies in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. assumed coverage on Voyager Technologies in a research report on Monday, November 24th. They issued an “overweight” rating and a $43.00 target price on the stock. Six investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $44.88.

Voyager Technologies Price Performance

NYSE VOYG opened at $37.02 on Friday. The firm has a market capitalization of $1.99 billion and a price-to-earnings ratio of -11.72. The company has a 50 day simple moving average of $26.63 and a 200-day simple moving average of $30.49. Voyager Technologies has a 52-week low of $17.41 and a 52-week high of $73.95.

Institutional Trading of Voyager Technologies

Large investors have recently made changes to their positions in the stock. Highline Wealth Partners LLC bought a new position in shares of Voyager Technologies in the 2nd quarter valued at approximately $26,000. Steward Partners Investment Advisory LLC acquired a new position in Voyager Technologies during the second quarter valued at approximately $28,000. Ameritas Investment Partners Inc. bought a new position in shares of Voyager Technologies in the third quarter valued at approximately $34,000. Russell Investments Group Ltd. acquired a new stake in shares of Voyager Technologies in the third quarter worth $35,000. Finally, Legal & General Group Plc bought a new stake in shares of Voyager Technologies during the 2nd quarter worth $40,000.

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. We are committed to developing and delivering an array of transformative, mission-critical solutions to customers enabled by our advanced technology, analytics and space infrastructure capabilities.