Via Transportation (NYSE:VIA) Now Covered by Wolfe Research

Key Points

• Wolfe Research initiated coverage on Via Transportation with an "outperform" rating and a price target of $60.00, indicating a potential upside of 28.01% from its current price.
• Multiple brokerages have also recently rated Via Transportation positively, with a consensus average rating of "Buy" and an average target price of $58.50.
• As of Tuesday, Via Transportation's stock opened at $46.87, with a twelve-month low of $43.50 and a high of $56.31.

Equities researchers at Wolfe Research initiated coverage on shares of Via Transportation (NYSE:VIA - Get Free Report) in a research report issued on Tuesday,Benzinga reports. The firm set an "outperform" rating and a $60.00 price target on the stock. Wolfe Research's price target would suggest a potential upside of 28.01% from the stock's current price.

A number of other brokerages also recently weighed in on VIA. Wall Street Zen upgraded Via Transportation to a "hold" rating in a report on Wednesday, September 24th. William Blair started coverage on shares of Via Transportation in a research note on Tuesday. They issued an "outperform" rating for the company. JMP Securities started coverage on shares of Via Transportation in a research note on Tuesday. They set a "market outperform" rating and a $59.00 target price on the stock. Wells Fargo & Company initiated coverage on shares of Via Transportation in a research note on Tuesday. They issued an "overweight" rating and a $60.00 price target for the company. Finally, Needham & Company LLC reissued a "buy" rating and set a $55.00 price objective on shares of Via Transportation in a research report on Tuesday. Five research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $58.50.

Via Transportation Stock Up 1.9%

NYSE VIA opened at $46.87 on Tuesday. 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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