Morgan Stanley Maintains Equal-Weight on Viavi Solutions, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has maintained an Equal-Weight rating on Viavi Solutions (NASDAQ:VIAV) and increased the price target from $9 to $11.

March 06, 2024 | 5:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Viavi Solutions but raised the price target from $9 to $11.
The increase in price target by a reputable analyst like Meta Marshall from Morgan Stanley can be seen as a positive signal for the stock. It suggests an expectation of improved performance or valuation, which could lead to increased investor interest and potentially a rise in stock price in the short term. However, the maintenance of an Equal-Weight rating indicates that the analyst sees the stock as fairly valued at its current level, balancing the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100