Alliance Global Partners initiated coverage of Satixfy Communications (SATX) with a Buy rating and $2.50 price target The firm, which argues that SatixFy’s technology is “uniquely positioned to benefit” from the emerging satellite broadband market mega-trend, forecasts revenue to be $30M in 2025 and $60M in 2026 and expects that the company will reach adjusted EBITDA breakeven in 2026.
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