Viavi (NASDAQ:VIAV) has been upgraded from Neutral to Overweight in a statement by JPMorgan earlier today.
- Updated: October 11, 2016
JPMorgan has upgraded Viavi (NASDAQ:VIAV) from Neutral to Overweight in a statement released on 10/11/2016.
Having a price of $7.32, Viavi (NASDAQ:VIAV) traded 3.14% higher on the day. With the last close up 7.84% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VIAV has recorded a 50-day average of $7.54 and a two hundred day average of $7.00. Trade Volume was down over the average, with 1,383,284 shares of VIAV changing hands under the typical 1,683,610
Recent Performance Chart
Viavi has with a one year low of $4.68 and a one year high of $7.94 and has a market capitalization of $0.
A total of 6 analysts have released a report on Viavi. One analyst rating the company a strong buy, two analysts rating the company a buy, seven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $6.79.
General Information 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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