UPDATE: JPMorgan Downgrades Vivent Smart Home (VVNT) to Neutral

January 31, 2020 4:41 AM EST
Get Alerts VVNT Hot Sheet
Price: $12.60 -2.02%

Rating Summary:
    4 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 26 | New: 45
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(Updated - January 31, 2020 5:25 AM EST)

(updating comment)

JPMorgan analyst Paul Coster downgraded Vivent Smart Home (NYSE: VVNT) from Overweight to Neutral with a price target of $15.00.

The analyst comments "A lack of liquidity combined with speculative trading seems to have contributed to VVNT’s ~65% appreciation this week (S&P down ~0.5%) which means the stock price does not properly reflect fundamentals in our view, and we are therefore downgrading to Neutral on valuation."

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 $19.40 yesterday.

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