Stifel Nicolaus upgraded shares of Telesat (TSE:TSA – Free Report) to a strong-buy rating in a research report sent to investors on Wednesday,Zacks.com reports.
TSA has been the subject of several other reports. New Street Research raised Telesat to a “strong sell” rating in a report on Wednesday, May 13th. Scotiabank raised Telesat to a “hold” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold”.
Check Out Our Latest Research Report on TSA
Telesat Stock Performance
Telesat is a Canadian satellite communications company that provides data, video, and connectivity services through its satellite infrastructure. The company serves a range of customers that include broadcasters, telecom operators, government agencies, and enterprise users that need reliable communications in remote or hard-to-reach locations.
Founded in 1969, Telesat has a long history in the satellite industry and is headquartered in Ottawa, Ontario. Its services are delivered to customers across Canada and internationally, supporting applications such as network backhaul, enterprise connectivity, and broadcast distribution.
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