ViaSat price target raised to $23 from $10 at JPMorgan

JPMorgan raised the firm’s price target on ViaSat (VSAT) to $23 from $10 and keeps a Neutral rating on the shares. The company reported strong fiscal Q1 results but the focus remains centered on the strategic review of its DAT assets, the analyst tells investors in a research note. Th firm believes a spin or separation of the business remains unlikely in the near-term.