Stifel analyst Ruben Roy raised the firm’s price target on Viavi (VIAV) to $20 from $18 and keeps a Buy rating on the shares. The firm, which updated its model to reflect a recent convert exchange and introduced FY27 estimates, says it continues to view Viavi as “a strong beneficiary of AI-related infrastructure deployment and associated testing requirements.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VIAV:
- Viavi Solutions Announces Convertible Notes Exchange Agreement
- Quantum Leap: Sealsq raises European Quantum Investment Fund to $100M
- Viavi, QNu Labs enter quantum security partnership
- Optimistic Buy Rating for Viavi Solutions Driven by Strong Growth in Optical and Data Center Sectors
- Viavi receives award from U.S. Department of Transportation