Susquehanna Maintains Positive Rating for Viavi Solutions: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Susquehanna has reaffirmed its Positive rating on Viavi Solutions (NASDAQ:VIAV) and increased its price target from $12.00 to $14.00. Despite a slight 0.15% decrease in share price over the last 24 hours to $10.97, the new target suggests a potential 27.58% upside. Viavi Solutions is a global provider of network test, monitoring, and assurance solutions with a significant revenue stream from the United States.
March 07, 2024 | 5:00 pm
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POSITIVE IMPACT
Susquehanna maintains a Positive rating on Viavi Solutions and raises its price target from $12.00 to $14.00, indicating a potential 27.58% increase from the current price.
The upgrade in price target by Susquehanna reflects a strong vote of confidence in Viavi Solutions' future performance. Given the analyst's positive outlook and the significant potential upside, this news is likely to be viewed favorably by investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100