VIAVI Expands Market Reach with Strategic Acquisition of Inertial Labs

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Viavi Solutions (VIAV) PT Raised to $12 at Stifel

December 16, 2024 4:18 AM EST

Stifel analyst Ruben Roy raised the price target on Viavi Solutions (NASDAQ: VIAV) to $12.00 (from $10.50) while maintaining a Buy rating.

The analyst comments "Friday, VIAVI announced a definitive agreement to acquire Inertial Labs for up to $325mn (i.e. $150mn at closing... More