The Goldman Sachs Group Begins Coverage on Via Transportation (NYSE:VIA)

Key Points

• The Goldman Sachs Group has initiated coverage on Via Transportation (NYSE:VIA) with a "neutral" rating and a price target of $50.00, indicating a potential upside of 7.41% from the current price.
• Multiple brokerages have rated Via Transportation with several target prices: Wolfe Research at $60.00, Deutsche Bank at $55.00, and Wells Fargo at $60.00, highlighting a generally favorable outlook.
• Via Transportation's stock has seen a slight decline of 0.8%, trading at $46.55, with a 12-month low of $43.50 and a high of $56.31.

Investment analysts at The Goldman Sachs Group assumed coverage on shares of Via Transportation (NYSE:VIA - Get Free Report) in a research note issued to investors on Tuesday,Briefing.com Automated Import reports. The brokerage set a "neutral" rating and a $50.00 price target on the stock. The Goldman Sachs Group's price objective suggests a potential upside of 7.41% from the company's current price.

A number of other brokerages have also issued reports on VIA. Wolfe Research assumed coverage on Via Transportation in a research note on Tuesday. They issued an "outperform" rating and a $60.00 price target on the stock. Deutsche Bank Aktiengesellschaft set a $55.00 price target on shares of Via Transportation and gave the company a "buy" rating in a report on Tuesday. Morgan Stanley set a $53.00 target price on Via Transportation and gave the stock an "equal weight" rating in a research report on Tuesday. Wells Fargo & Company assumed coverage on Via Transportation in a report on Tuesday. They issued an "overweight" rating and a $60.00 target price on the stock. Finally, Oppenheimer set a $59.00 price target on Via Transportation and gave the stock an "outperform" rating in a research note on Tuesday. Eleven analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Via Transportation currently has an average rating of "Moderate Buy" and a consensus target price of $56.64.

Via Transportation Stock Down 0.8%

Shares of Via Transportation stock traded down $0.38 during mid-day trading on Tuesday, hitting $46.55. 24,320 shares of the stock were exchanged, compared to its average volume of 458,705. Via Transportation has a twelve month low of $43.50 and a twelve month high of $56.31.

Via Transportation Company Profile

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.

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