In a report released today, Mehdi Hosseini from Susquehanna reiterated a Buy rating on Viavi Solutions (VIAV – Research Report), with a price target of $18.00. The company’s shares closed today at $14.14.
According to TipRanks, Hosseini is a 5-star analyst with an average return of 12.3% and a 56.97% success rate. Hosseini covers the Technology sector, focusing on stocks such as Micron, Western Digital, and Viavi Solutions.
Viavi Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $17.00.
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The company has a one-year high of $18.14 and a one-year low of $12.65. Currently, Viavi Solutions has an average volume of 1.54M.
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Viavi Solutions, Inc. engages in the provision of network test, monitoring, and assurance solutions. It operates through the following segments: Network Enablement, Service Enablement, and Optical Security and Performance. The Network Enablement segment offers integrated portfolio of testing solutions that access the network to perform build-out and maintenance tasks. The Service Enablement segment covers solutions and services primarily for communication service providers, and enterprises that deliver and/or operate broadband and IP networks (fixed and mobile) supporting voice, video, and data services as well as a wide range of applications. The Optical Security and Performance segment leverages its core optical coating technologies and volume manufacturing capability to design, manufacture, and sell products targeting anti-counterfeiting, consumer and industrial, government, healthcare, and other markets. The company was founded in 1979 and is headquartered in San Jose, CA.
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