Jeffries cuts satellite industry coverage
October 26, 2021
By Chris Forrester
Investment bank Jefferies is no longer covering the satellite industry in guidance for its clients.
The companies affected are Eutelsat, SES, Echostar and Viasat.
Its final ratings, guidance and share price targets are:
· Eutelsat: Buy, €15.5 (currently €12.51)
· SES: Buy, €11.5 (currently €7.87)
· Echostar: Hold, $28.0 (currently $24.15)
· Viasat: Hold, $57.5 (currently $56.23)
Other posts by :
- Impressive Starlink deployment rate
- Bank: Space industry worth $1tn by 2040
- Xona Space wants 259 LEO satellites
- 36 major airlines now committed to Starlink
- Quilty: Top 5 Washington Satellite show takeaways
- Space Wars: Starlink vs Amazon Leo
- Eutelsat seeks ISRO deal for launches
- Virgin Galactic sets prices for space tourists
- Devas vs Antrix rumbles on
