Gogo upgraded to Buy from Neutral at UBS UBS upgraded Gogo to Buy citing the recent pullback in shares and the company's strong Q1 results. The firm lowered its price target for the stock to $23 from $26.
Gogo sees FY15 revenue $490M-$510M, consensus $491.48M Sees FY15 CA-NA revenue $300M-$320M; Sees FY15 BA revenue $170M-$180M; Sees FY15 CA-ROW revenue $15M-$20M. Sees FY15 adjusted EBITDA $15M-$25M. Sees FY15 Cash CapEx $100M-$120M.