“Starlink controversy could give this TSX-listed company an edge, analyst says”

Key points

• Telesat Corp. (TSAT:TSX) hit an all-time high in August after a $2.7 billion Canadian government contract.
• Shares later fell about 35% but remain up 40% year to date amid debt concerns.
• Q3 earnings showed 20% revenue decline and larger loss year over year.
• Analysts maintain Buy ratings with price targets around $87.98 to $105 for TSAT.
• Starlink controversy is cited as a potential driver for sovereign, trusted networks.