A number of research firms have changed their ratings and price targets for Telesat (NASDAQ: TSAT):
- 5/18/2026 – Telesat was downgraded by Zacks Research from “strong-buy” to “hold”.
- 5/13/2026 – Telesat is now covered by New Street Research. They set a “sell” rating and a $30.00 price target on the stock.
- 5/13/2026 – Telesat was upgraded by New Street Research to “strong sell”.
- 5/4/2026 – Telesat was upgraded by Zacks Research from “hold” to “strong-buy”.
- 4/25/2026 – Telesat was downgraded by Wall Street Zen from “sell” to “strong sell”.
Telesat is a leading global satellite operator that designs, builds and delivers high-performance satellite communications solutions across multiple markets. The company operates a fleet of geostationary satellites to provide video distribution, data networking and managed broadband services to media companies, network operators, governments and enterprise customers. Telesat’s infrastructure supports television distribution, cellular backhaul, rural broadband and corporate network applications.
In addition to its geostationary offerings, Telesat is developing a low Earth orbit (LEO) satellite constellation known as Lightspeed.
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