Voyager Technologies’ (NYSE:VOYG – Get Free Report) quiet period will expire on Monday, July 21st. Voyager Technologies had issued 12,348,387 shares in its public offering on June 11th. The total size of the offering was $382,799,997 based on an initial share price of $31.00. During Voyager Technologies’ quiet period, underwriters and any insiders that worked on the IPO are prevented from issuing any research reports for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on VOYG shares. Jefferies Financial Group initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They issued a “buy” rating and a $50.00 price objective for the company. JPMorgan Chase & Co. initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They set an “overweight” rating and a $52.00 target price for the company. Morgan Stanley initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They set an “equal weight” rating and a $46.00 target price for the company. Wolfe Research initiated coverage on shares of Voyager Technologies in a research note on Monday, July 7th. They set an “outperform” rating and a $50.00 target price for the company. Finally, Wall Street Zen upgraded shares of Voyager Technologies to a “hold” rating in a research note on Tuesday, June 24th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $49.00.
View Our Latest Report on Voyager Technologies
Voyager Technologies Trading Up 1.1%
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.
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