Gogo's 5G Rollout, Faster Synergies, Strong Free Cash Flow Outlook Prompt Analyst Optimism

JPMorgan analyst Sebastiano C Petti maintained a Neutral rating on Gogo Inc GOGO with a price target of $11 on Friday.Gogo reported strong first-quarter results and reiterated its 2025 guidance, including potential tariff impacts ($5 million impact on free cash flow).Following the first-quarter beat, Petti raised his 2025 EBITDA by 4% to $217 million (high-end of $210 million-$220 million guidance range) as the analyst anticipated a pick-up in operating expenditure investments in the back half as well as po ...