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Viasat, Inc. (NASDAQ:VSAT) is a global provider of broadband and communications products and services. The company has recently received a consensus rating of “Hold” from the five brokerages currently covering it, with four giving a hold rating and only one assigning a buy rating.

One interesting factor is the average 1-year price target among these brokerages, which stands at .80. This indicates limited upside potential for investors in the near term. However, it’s important to note that this price target is an estimate and could change as market conditions evolve.

Viasat’s Satellite Services segment is a significant part of its business operations. It offers a wide range of satellite-based fixed broadband services to both consumers and businesses worldwide, including broadband internet access and voice over internet protocol services.

Additionally, Viasat provides in-flight entertainment and aviation software services to commercial airlines and private business jets. This sector has experienced significant growth in recent years, as more individuals rely on in-flight entertainment during their travels.

The company also caters to mobile broadband needs through its satellite-based internet services provided to energy offshore vessels, cruise ships, consumer ferries, and yachts. The global expansion of maritime activities presents immense potential for Viasat in this market segment.

Moreover, Viasat’s energy services division offers ultra-secure solutions for IP connectivity, bandwidth-optimized over-the-top applications, industrial internet-of-things big data enablement, and industry-leading machine learning analytics. This demonstrates the company’s commitment to meeting unique requirements within the energy sector while leveraging cutting-edge technologies.

Looking at Viasat’s shareholder base reveals interesting insights into investor sentiment. Several hedge funds have recently adjusted their positions in the company, demonstrating confidence in its growth prospects.

Overall, while analysts maintain a “Hold” rating for Viasat based on current market conditions, there are indications of optimism from various stakeholders. With its diverse portfolio of broadband and communication services and continuous interest from hedge funds and institutional investors, it will be interesting to observe Viasat’s evolution in the coming months. Investors should carefully analyze market developments and consider all available information before making any financial decisions.

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