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)