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Why Viavi's Stock Is Trading Higher Today

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Viavi Solutions (NASDAQ: VIAV) shares are trading higher on Monday.

JPMorgan upgraded the company's stock from Neutral to Overweight and raised its price target from $14 to $16.

Viavi Solutions is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers.

The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. It operates in three segments: Network Enablement, Service Enablement and Optical Security and Performance Products.

Viavi Solutions shares were trading up 4.31% at $12.09 at time of publication on Monday. The stock has a 52-week high of $16.35 and a 52-week low of $8.08.

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Latest Ratings for VIAV

DateFirmActionFromTo
Jun 2020NeedhamMaintainsBuy
Jun 2020JP MorganUpgradesNeutralOverweight
May 2020B. Riley FBRMaintainsBuy

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View the Latest Analyst Ratings

 

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