JPMorgan Starts Vivent Smart Home (VVNT) at Overweight

January 27, 2020 5:48 AM EST
Get Alerts VVNT Hot Sheet
Price: $12.35 -2.68%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 37 | New: 115
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JPMorgan analyst Paul Coster initiates coverage on Vivent Smart Home (NYSE: VVNT) with a Overweight rating and a price target of $15.00.

The analyst comments "Vivint is a first mover and category leader in the smart home solutions space in North America, an addressable market that is large and growing rapidly. It is a profitable company that has scale, proprietary technology, and a unique go-to-market strategy with which to pursue 10%-plus growth in an important niche opportunity."

For an analyst ratings summary and ratings history on Vivent Smart Home click here. For more ratings news on Vivent Smart Home click here.

Shares of Vivent Smart Home closed at $11.72 yesterday.

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