Group 1 - Iridium Communications Inc. has been downgraded by Raymond James from 'Strong Buy' to 'Outperform', with a price target cut from $39 to $26 [1][2] - The downgrade is attributed to increased competition from SpaceX Starlink, which has announced the purchase of 50 MHz of AWS-4 and H-Block spectrum in the US [2][3] - Iridium's stock has experienced a significant pullback of approximately 29% in recent weeks due to these competitive pressures [3] Group 2 - Iridium Communications provides global voice and data services through a network of 66 low-Earth orbit satellites, ensuring worldwide coverage including remote areas [4] - The company's unique interconnected mesh network facilitates reliable communication services such as satellite phones, text messaging, and internet access from virtually any location [4]