Rosenblatt Downgrades Viavi Solutions to Neutral, Lowers Price Target to $8.25
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Mike Genovese has downgraded Viavi Solutions (NASDAQ:VIAV) from Buy to Neutral and lowered the price target from $10 to $8.25.
June 26, 2024 | 12:16 pm
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NEGATIVE IMPACT
Rosenblatt analyst Mike Genovese downgraded Viavi Solutions from Buy to Neutral and reduced the price target from $10 to $8.25.
The downgrade from Buy to Neutral and the reduction in the price target from $10 to $8.25 by a reputable analyst is likely to negatively impact investor sentiment and the stock price of Viavi Solutions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100