Barclays maintains rating on AST SpaceMobile and Iridium; cuts Viasat (VSAT:NASDAQ)
Barclays on Wednesday reiterated its "overweight" rating on AST SpaceMobile (NASDAQ:ASTS) and Iridium Communications (NASDAQ:IRDM), while lowering Viasat (NASDAQ:VSAT) to "underweight" from "equal weight." Commenting on the current landscape of the industry, Barclays said legacy players will face challenges as they ...