Via Transportation (NYSE:VIA) Raised to "Hold" at Zacks Research

Key Points

• Via Transportation was upgraded to a "hold" rating by Zacks Research, with several other firms also initiating coverage and setting varying price targets up to $60.00.
• The stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $56.64, with ten analysts rating it as a "Buy."
• Shares of Via Transportation opened at $46.29 and have fluctuated between a one-year low of $43.50 and a high of $56.31.

Via Transportation (NYSE:VIA - Get Free Report) was upgraded by Zacks Research to a "hold" rating in a research report issued on Wednesday,Zacks.com reports.

A number of other research firms also recently weighed in on VIA. Guggenheim initiated coverage on Via Transportation in a research note on Tuesday. They set a "buy" rating and a $58.00 price target on the stock. Citizens Jmp initiated coverage on Via Transportation in a research note on Tuesday. They set a "mkt outperform" rating and a $59.00 price target on the stock. Morgan Stanley initiated coverage on Via Transportation in a research note on Tuesday. They set an "equal weight" rating and a $53.00 price target on the stock. Wall Street Zen raised Via Transportation to a "hold" rating in a research note on Wednesday, September 24th. Finally, Wells Fargo & Company initiated coverage on Via Transportation in a research note on Tuesday. They set an "overweight" rating and a $60.00 price target on the stock. Ten investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $56.64.

Via Transportation Price Performance

Shares of NYSE:VIA opened at $46.29 on Wednesday. Via Transportation has a 1 year low of $43.50 and a 1 year 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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