Via Transportation (NYSE:VIA) Now Covered by Analysts at Raymond James Financial

Key Points

• Raymond James Financial upgraded Via Transportation to a "moderate buy" rating, reflecting increased confidence in the company's stock performance.
• Other firms, including Needham & Company and Citigroup, also initiated coverage with varying ratings and price objectives, contributing to a consensus rating of "moderate buy" with a target of $56.64.
• Although Via's stock opened at $46.50, it has fluctuated between a one-year low of $43.50 and a high of $56.31, indicating potential investment volatility.

Equities researchers at Raymond James Financial started coverage on shares of Via Transportation (NYSE:VIA - Get Free Report) in a research report issued on Tuesday, MarketBeat.com reports. The brokerage set a "moderate buy" rating and a $55.00 price target on the stock. Raymond James Financial's price objective points to a potential upside of 18.28% from the stock's current price.

A number of other equities analysts have also commented on the stock. Wall Street Zen upgraded shares of Via Transportation to a "hold" rating in a report on Wednesday, September 24th. Oppenheimer set a $59.00 target price on shares of Via Transportation and gave the stock an "outperform" rating in a research report on Tuesday. Needham & Company LLC assumed coverage on shares of Via Transportation in a research report on Tuesday. They issued a "buy" rating and a $55.00 target price for the company. Wells Fargo & Company assumed coverage on shares of Via Transportation in a research report on Tuesday. They issued an "overweight" rating and a $60.00 target price for the company. Finally, Citizens Jmp started coverage on shares of Via Transportation in a research report on Tuesday. They issued a "mkt outperform" rating and a $59.00 target price for the company. Ten analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $56.64.

Via Transportation Price Performance

Shares of VIA stock opened at $46.50 on Tuesday. Via Transportation has a 12 month low of $43.50 and a 12 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.