ViaSat price target raised to $94 from $52 at B. Riley

B. Riley raised the firm’s price target on ViaSat (VSAT) to $94 from $52 and keeps a Buy rating on the shares. The third and final VS-3 satellite launch, delayed from April 27 due to weather, is now scheduled for an April 29 window aboard a Falcon Heavy from Kennedy Space Center after a scrub just seconds before liftoff, the analyst tells investors in a research note. If successful, the mission is expected to help expand Viasat’s capacity by roughly 2,000 Gbps, potentially tripling its global network bandwidth and supporting further growth in its communications services business, the firm says.