Voyager Technologies (NYSE:VOYG) Raised to “Strong-Buy” at Wedbush

Voyager Technologies (NYSE:VOYG) was upgraded by stock analysts at Wedbush to a “strong-buy” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

VOYG has been the topic of several other reports. KeyCorp dropped their target price on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Morgan Stanley set a $39.00 price objective on shares of Voyager Technologies in a research note on Friday, January 16th. JPMorgan Chase & Co. began coverage on shares of Voyager Technologies in a research note on Monday, November 24th. They issued an “overweight” rating and a $43.00 target price for the company. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Voyager Technologies in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $44.88.

Voyager Technologies Stock Performance

NYSE:VOYG opened at $37.02 on Friday. The firm’s fifty day moving average is $26.63 and its two-hundred day moving average is $30.65. The firm has a market cap of $1.99 billion and a price-to-earnings ratio of -11.72. Voyager Technologies has a one year low of $17.41 and a one year high of $73.95.

Institutional Investors Weigh In On Voyager Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Highline Wealth Partners LLC acquired a new position in Voyager Technologies during the second quarter worth $26,000. New York State Common Retirement Fund increased its stake in shares of Voyager Technologies by 18.4% during the third quarter. New York State Common Retirement Fund now owns 4,400 shares of the company’s stock worth $131,000 after purchasing an additional 685 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in shares of Voyager Technologies during the 2nd quarter worth about $28,000. Ameriprise Financial Inc. lifted its stake in Voyager Technologies by 2.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 27,271 shares of the company’s stock valued at $812,000 after buying an additional 757 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in Voyager Technologies by 33.8% during the 4th quarter. Farther Finance Advisors LLC now owns 3,492 shares of the company’s stock worth $91,000 after buying an additional 882 shares in the last quarter.

Voyager Technologies Company Profile

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.