Gilat’s Strong Market Position and Growth Potential Justify Buy Rating
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Needham analyst Ryan Koontz reiterated a Buy rating on GILT stock, citing Gilat's strong market position and growth potential. Factors include securing an order from a significant LEO broadband constellation, advancements in Stellar Blu ESA products, and robust performance in Peru. Increasing investments in space infrastructure and mobile terminals also contribute to the positive outlook.
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