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Stifel announced Viavi (NASDAQ:VIAV), bumping up its stock price target to $11.00 today

In a report released on 06/22/2017 Stifel increased the stock price target of Viavi (NASDAQ:VIAV) from $9.50 to $11.00 reporting a possible upside of 0.02%.

Just yesterday Viavi (NASDAQ:VIAV) traded 1.77% higher at $10.83. Viavi’s 50-day moving average is $10.53 and its 200-day moving average is $10.63. The last closing price is up -2.42% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.04% over the same time period. 1,849,584 shares of VIAV traded hands, down from an average trading volume of 2,556,280

Recent Performance Chart

Viavi (NASDAQ:VIAV)

Viavi has 52 week low of $6.99 and a 52 week high of $11.89 with a PE ratio of 14.67 and has a market capitalization of $0.

In addition to Stifel reporting its stock price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $6.79 with one analyst rating the company a strong buy, two analysts rating the company a buy, 7 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally zero equity analysts rating the company a sell.

Brief Synopsis About Viavi (NASDAQ:VIAV)

Viavi Solutions Inc. (Viavi) is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises and their ecosystems. The Company also offers thin film optical coatings, providing light management solutions to anti-counterfeiting, consumer and industrial, government and healthcare and other markets. The Company's segments include Network Enablement (NE), Service Enablement (SE), and Optical Security and Performance Products (OSP). The NE segment provides testing solutions that access the network to perform build-out and maintenance tasks. The SE segment offers solutions, which are embedded systems that yield network, service and application performance data. The OSP segment provides optical security solutions. The OSP segment's security offerings for the currency market include Optically Variable Pigment (OVP), Optically Variable Magnetic Pigment (OVMP) and banknote thread substrates.

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