Needham analyst Scott Berg initiated coverage of Via Transportation (VIA) with a Buy rating and $55 price target The firm says the company has quickly positioned itself as the market leader in global transit technology. Via has a “best-in-class” product in a $50B total addressable market with a consistent customer expansion opportunity and low cost of customer acquisition, the analyst tells investors in a research note. Needham calls Via a “top tier fundamental idea.”
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