Gogo stock has $8.50 average 1‑year target as analysts issue mixed ratings

Gogo Inc. opened at $2.11 on Wednesday and has an average 1‑year price target of $8.50 among five covering brokerages.

Analyst recommendations include two sells, two holds and one buy, with Wall Street Zen moving its rating from sell to hold on September 5, Weiss Ratings downgrading to sell on August 17, Roth Capital reiterating a buy on August 7, and Zacks Research lowering its rating to strong sell on August 7.