Gilat Satellite Networks receives "Buy" rating reiteration at $8.50 from Needham & Co, while StockNews upgrades company to "buy".
Gilat Satellite Networks (NASDAQ: GILT), a provider of satellite-based broadband communication solutions, has received a "Buy" rating reiteration by Needham & Company LLC at $8.50. StockNews.com upgraded the company from a "strong-buy" to "buy." Gilat reported Q1 EPS of $0.11 and revenue of $76.08M. Institutional investors and hedge funds hold 35.72% of the company's stock.
June 22, 2024
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