Deutsche Bank raised the firm’s price target on Telesat (TSAT) to $37 from $19 and keeps a Hold rating on the shares.
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Read More on TSAT:
- Telesat Deepens Defence Focus as 2025 Revenue Falls and Lightspeed Spend Rises
- Telesat Adds Military Ka-Band to Lightspeed Constellation to Meet Rising Defence Demand
- Telesat adds 500 MHz of military Ka-band spectrum to 156 satellites
- Telesat reports Q4 EPS (C$8.48) vs. (C$8.97) last year
- Telesat sees FY26 GEO revenue C$300M-C$320M
