Voyager Technologies (NYSE:VOYG) Earns Overweight Rating from Analysts at JPMorgan Chase & Co.

JPMorgan Chase & Co. began coverage on shares of Voyager Technologies (NYSE:VOYG) in a research report released on Monday, MarketBeat Ratings reports. The brokerage issued an overweight rating and a $43.00 target price on the stock.

Several other brokerages have also recently commented on VOYG. Bank of America reduced their price objective on shares of Voyager Technologies from $50.00 to $41.00 and set a “buy” rating for the company in a research note on Monday, August 25th. Wall Street Zen downgraded shares of Voyager Technologies from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. KeyCorp lowered their price target on Voyager Technologies from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Voyager Technologies in a research note on Wednesday, October 8th. Five research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $42.71.

Voyager Technologies Stock Performance

Shares of NYSE VOYG opened at $21.99 on Monday. Voyager Technologies has a one year low of $17.41 and a one year high of $73.95. The stock’s fifty day moving average is $28.53.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Alyeska Investment Group L.P. purchased a new stake in Voyager Technologies in the 3rd quarter valued at approximately $54,119,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Voyager Technologies in the third quarter worth $190,000. Focus Partners Wealth lifted its position in shares of Voyager Technologies by 15.0% in the third quarter. Focus Partners Wealth now owns 40,506 shares of the company’s stock valued at $1,206,000 after acquiring an additional 5,295 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Voyager Technologies by 403.1% during the third quarter. Bank of America Corp DE now owns 227,081 shares of the company’s stock valued at $6,762,000 after acquiring an additional 181,949 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its position in Voyager Technologies by 2.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 27,271 shares of the company’s stock worth $812,000 after purchasing an additional 757 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.