Viavi Solutions (VIAV) Receives a Sell from J.P. Morgan


J.P. Morgan analyst Samik Chatterjee maintained a Sell rating on Viavi Solutions (NASDAQ: VIAV) today and set a price target of $12. The company’s shares opened today at $11.51.

According to TipRanks.com, Chatterjee is a 2-star analyst with an average return of 1.9% and a 53.6% success rate. Chatterjee covers the Consumer Goods sector, focusing on stocks such as Applied Optoelectronics, Lumentum Holdings, and Juniper Networks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Viavi Solutions with a $13.75 average price target.

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The company has a one-year high of $12.82 and a one-year low of $8.34. Currently, Viavi Solutions has an average volume of 2.42M.

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Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions to communications service providers, enterprises, and their ecosystems. It operates through the following business segments: Network Enablement, Service Enablement, and Optical Security and Performance Products.

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