Via Transportation (NYSE:VIA) Coverage Initiated by Analysts at Needham & Company LLC

Key Points

• Needham & Company LLC has reiterated its "buy" rating for Via Transportation (NYSE:VIA) with a price target of $55.00, suggesting a potential upside of 17.34% from the previous close.
• Multiple analysts have recently issued ratings for Via Transportation, with Wells Fargo giving it an "overweight" rating and a price target of $60.00, while the average target price among analysts stands at $58.50.
• Via Transportation operates in the $545 billion global public transportation market, focusing on transforming outdated systems into smart, efficient digital networks.

Equities researchers at Needham & Company LLC started coverage on shares of Via Transportation (NYSE:VIA - Get Free Report) in a research report issued to clients and investors on Tuesday, Marketbeat reports. The firm set a "buy" rating and a $55.00 price target on the stock. Needham & Company LLC's price objective points to a potential upside of 17.34% from the stock's previous close.

Several other equities analysts have also recently commented on the stock. William Blair started coverage on shares of Via Transportation in a research report on Tuesday. They issued an "outperform" rating for the company. Wells Fargo & Company initiated coverage on Via Transportation in a research note on Tuesday. They issued an "overweight" rating and a $60.00 price objective on the stock. Wall Street Zen upgraded Via Transportation to a "hold" rating in a report on Wednesday, September 24th. Finally, JMP Securities initiated coverage on Via Transportation in a research note on Tuesday. They set a "market outperform" rating and a $59.00 target price for the company. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Via Transportation has a consensus rating of "Buy" and a consensus target price of $57.80.

Via Transportation Trading Up 1.9%

NYSE VIA opened at $46.87 on Tuesday. Via Transportation has a one year low of $43.50 and a one year high of $56.31.

About Via Transportation

Via transforms antiquated and siloed public transportation systems into smart, data-driven, and efficient digital networks. We are addressing a striking gap in the $545 billion global public transportation market. While billions of people across the globe rely on public transportation, this critical form of mobility has yet to meaningfully benefit from recent advances in technology.