Citigroup Raises Price Target on Voyager Technologies (VOYG) to $44, Maintains Buy Rating
On May 18, Citigroup raised its price target for Voyager Technologies Inc. (NYSE: VOYG) from $36 to $44 and reiterated a 'Buy' rating following revised aerospace and defense sector models. The stock has surged 70% since the company's Q1 earnings on May 4 due to increased backlog and revenue guidance, with shares up 71% year-to-date.
Tickers: $VOYG
Topics: aerospace and defense sector buy rating defense stocks price target increase