Viavi Solutions (VIAV) Tops Q3 EPS by 2c

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Viavi Solutions (VIAV) PT Raised to $9.50 at Stifel; Beat, But N.A. Service Provider Headwinds Remain

May 3, 2017 8:22 AM EDT

Stifel raised its price target on Viavi Solutions (NASDAQ: VIAV) to $9.50 (from $8.50) while maintaining a Hold rating following Q1 revenue below and EPS above expectations.

Analyst Patrick Newton notes North American service provider headwinds despite the beat. He is lowering FY17 and FY18... More