Voyager Technologies' (NYSE:VOYG - Get Free Report) quiet period will end on Monday, July 21st. Voyager Technologies had issued 12,348,387 shares in its initial 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 the company's quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company's quiet period, it's expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Analyst Ratings Changes
Several analysts have recently issued reports on VOYG shares. KeyCorp started coverage on Voyager Technologies in a research note on Monday, July 7th. They set an "overweight" rating and a $50.00 price target for the company. Bank of America started coverage on Voyager Technologies in a research note on Monday, July 7th. They set a "buy" rating and a $50.00 target price for the company. Morgan Stanley started coverage on 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. Wall Street Zen upgraded Voyager Technologies to a "hold" rating in a research note on Tuesday, June 24th. Finally, Barclays started coverage on Voyager Technologies in a research note on Monday, July 7th. They set an "equal weight" rating and a $45.00 target price for the company. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, Voyager Technologies has an average rating of "Moderate Buy" and a consensus price target of $49.00.
Check Out Our Latest Stock Analysis on VOYG
Voyager Technologies Stock Down 1.1%
Shares of VOYG opened at $41.87 on Monday. Voyager Technologies has a 1 year low of $37.64 and a 1 year high of $73.95.
Voyager Technologies Company Profile
(
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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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