Voyager Technologies (NYSE:VOYG) Stock Price Down 7.2% - What's Next?

Voyager Technologies, Inc. (NYSE:VOYG - Get Free Report)'s stock price dropped 7.2% during mid-day trading on Monday . The stock traded as low as $39.02 and last traded at $39.28. Approximately 1,061,393 shares traded hands during trading, a decline of 56% from the average daily volume of 2,416,774 shares. The stock had previously closed at $42.35.

Wall Street Analysts Forecast Growth

VOYG has been the topic of a number of recent analyst reports. Wall Street Zen upgraded Voyager Technologies to a "hold" rating in a report on Tuesday, June 24th. JPMorgan Chase & Co. initiated coverage on shares of Voyager Technologies in a report on Monday. They set an "overweight" rating and a $52.00 price objective on the stock. KeyCorp started coverage on shares of Voyager Technologies in a report on Monday. They issued an "overweight" rating and a $50.00 target price for the company. Barclays assumed coverage on shares of Voyager Technologies in a research note on Monday. They set an "equal weight" rating and a $45.00 price target on the stock. Finally, Morgan Stanley initiated coverage on shares of Voyager Technologies in a research note on Monday. They issued an "equal weight" rating and a $46.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $49.00.

Voyager Technologies Stock Performance

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.