VIZIO Holding Corp. (VZIO) Tops Q1 EPS by 12c, Revenues Beat

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Wells Fargo Reiterates Overweight Rating on VIZIO (VZIO)

May 12, 2021 7:01 AM EDT

Wells Fargo analyst Steven Cahall reiterated an Overweight rating and $31.00 price target on VIZIO (NYSE: VZIO) following the company's 1Q earnings report. VZIO Q1 revenue of $506mm topped the street by 4% while gross profit of $87mm was ~50% ahead. Adj. EBITDA of $40mm was... More