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Deutsche Bank Aktiengesellschaft began coverage on shares of Telesat (NASDAQ:TSAT – Free Report) in a report released on Tuesday, MarketBeat.com reports. The brokerage issued a hold rating and a $9.00 target price on the stock. Telesat Stock Up 1.4 % Telesat stock traded up $0.10 during midday trading on Tuesday, hitting $7.48. The stock had […] ....
Deutsche Bank Aktiengesellschaft began coverage on shares of Telesat (NASDAQ:TSAT – Free Report) in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm issued a hold rating and a $9.00 price target on the stock. Telesat Trading Up 1.4 % Shares of Telesat stock traded up $0.10 during trading hours on Tuesday, […] ....
The loan will support the construction of Telesat’s low earth orbit satellites, a project that has faced years of delays following pandemic disruptions and funding challenges ....
Such a move is likely to offer much needed clarity to global investors on the applicable foreign ownership rules, especially to companies planning to launch broadband-from-space services in India, and pave the way for top dollar inflows into India’s satcoms sector, these people added. ....