Viavi Solutions shares are trading lower after Rosenblatt downgraded the stock from Buy to Neutral and lowered the price target from $10 to $8.25.
Portfolio Pulse from Benzinga Newsdesk
Viavi Solutions shares are trading lower after Rosenblatt downgraded the stock from Buy to Neutral and lowered the price target from $10 to $8.25.
June 26, 2024 | 1:34 pm
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Viavi Solutions shares are trading lower following a downgrade by Rosenblatt from Buy to Neutral, with a reduced price target from $10 to $8.25.
The downgrade from Buy to Neutral by Rosenblatt, along with a significant reduction in the price target, is likely to negatively impact investor sentiment and lead to a short-term decline in Viavi Solutions' stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100