William Blair Reaffirms Their Buy Rating on Viavi Solutions (VIAV)


William Blair analyst Dmitry Netis reiterated a Buy rating on Viavi Solutions (NASDAQ: VIAV) today. The company’s shares opened today at $10.55.

According to TipRanks.com, Netis is a 5-star analyst with an average return of 11.5% and a 58.9% success rate. Netis covers the Consumer Goods sector, focusing on stocks such as Ribbon Communications Inc, Acacia Communications, and Juniper Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Viavi Solutions with a $12.50 average price target, representing a 18.5% upside. In a report issued on August 13, Needham also upgraded the stock to Buy with a $13.50 price target.

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The company has a one-year high of $11.18 and a one-year low of $8.34. Currently, Viavi Solutions has an average volume of 1.94M.

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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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