Via Transportation (NYSE:VIA) Now Covered by Analysts at Guggenheim

Key Points

• Via Transportation has been upgraded to a "strong-buy" rating by Guggenheim, indicating increased investor confidence in the stock's potential.
• Several other analysts have also initiated coverage with ratings ranging from "equal weight" to "market outperform," with price targets between $53.00 and $60.00.
• As of Tuesday, Via Transportation's stock opened at $46.70, with a 52-week range between $43.50 and $56.31.

Equities researchers at Guggenheim began coverage on shares of Via Transportation (NYSE:VIA - Get Free Report) in a research note issued on Tuesday, Marketbeat Ratings reports. The firm set a "buy" rating and a $58.00 price target on the stock. Guggenheim's target price would indicate a potential upside of 24.20% from the company's current price.

VIA has been the subject of a number of other research reports. Needham & Company LLC assumed coverage on shares of Via Transportation in a report on Tuesday. They issued a "buy" rating and a $55.00 price target for the company. Wall Street Zen raised shares of Via Transportation to a "hold" rating in a report on Wednesday, September 24th. The Goldman Sachs Group assumed coverage on shares of Via Transportation in a report on Tuesday. They issued a "neutral" rating and a $50.00 price target for the company. William Blair assumed coverage on shares of Via Transportation in a report on Tuesday. They issued an "outperform" rating for the company. Finally, Morgan Stanley assumed coverage on shares of Via Transportation in a report on Tuesday. They issued an "equal weight" rating and a $53.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $56.64.

Via Transportation Trading Up 0.4%

Shares of VIA opened at $46.70 on Tuesday. Via Transportation has a twelve month low of $43.50 and a twelve month 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.