Vizio price target lowered to $10 from $13 at Barrington

Barrington analyst James Goss lowered the firm’s price target on Vizio to $10 from $13 and keeps an Outperform rating on the shares. The company’s continued efforts to maintain device market share can create longer-term value and the firm feels Vizio’s competitive position, with “solid technology at value price points,” should provide flexibility as management pursues its advertising and related opportunities, the analyst tells investors.