Wedbush Begins Coverage on Voyager Technologies (NYSE:VOYG)

Research analysts at Wedbush initiated coverage on shares of Voyager Technologies (NYSE:VOYG) in a report issued on Friday, MarketBeat Ratings reports. The firm set an “outperform” rating and a $46.00 price target on the stock. Wedbush’s price target would indicate a potential upside of 24.25% from the stock’s previous close.

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

Voyager Technologies Stock Performance

Shares of Voyager Technologies stock opened at $37.02 on Friday. Voyager Technologies has a 1 year low of $17.41 and a 1 year high of $73.95. The firm’s 50-day simple moving average is $26.63 and its 200-day simple moving average is $30.56. The firm has a market cap of $1.99 billion and a PE ratio of -11.72.

Institutional Trading of Voyager Technologies

Several large investors have recently added to or reduced their stakes in the business. Highline Wealth Partners LLC acquired a new position in Voyager Technologies during the 2nd quarter worth $26,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Voyager Technologies during the second quarter valued at about $28,000. Ameritas Investment Partners Inc. acquired a new stake in Voyager Technologies in the third quarter worth about $34,000. Russell Investments Group Ltd. bought a new position in Voyager Technologies in the 3rd quarter valued at about $35,000. Finally, Legal & General Group Plc acquired a new position in Voyager Technologies during the 2nd quarter valued at about $40,000.

About Voyager Technologies

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.