Rosenblatt Maintains Buy on Viavi Solutions, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has maintained a 'Buy' rating on Viavi Solutions (NASDAQ:VIAV) but lowered the price target from $14 to $10.

November 03, 2023 | 9:44 pm
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NEUTRAL IMPACT
Viavi Solutions' price target has been lowered from $14 to $10 by Rosenblatt, though the 'Buy' rating is maintained.
The lowering of the price target by Rosenblatt could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the company, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100