**Globalstar Inc (GSAT) Shares Cross Analyst Target Price**
Globalstar Inc (GSAT) shares recently surpassed the average analyst 12-month target price of $65.75, trading at $67.30 per share. This marks a critical point for investors as analysts may either downgrade their valuations or raise their target prices based on the company’s performance and market developments.
Currently, the analyst coverage for Globalstar shows a range of target prices: one analyst projects a price of $60.00 while another anticipates a high of $75.00. The standard deviation among analyst targets is $6.652. Presently, three analysts rate the stock as a “Strong Buy” and two as a “Hold,” yielding an average rating of 1.8 on a scale where 1 is Strong Buy and 5 is Strong Sell.
