Why Avaya's Stock Is Trading Higher Today

Avaya Holdings Corp. AVYA shares were trading higher Thursday after JPMorgan initiated coverage of the stock with an Overweight rating and $11 price target. 

Avaya is a provider of digital communications products, solutions and services for businesses.

Avaya shares were trading up 4.15% at $8.78 at the time of publication. The stock has a 52-week high of $22.35 and a 52-week low of $6.13.

Related Link: Avaya Rallies Following Deal With RingCentral

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