In a report released on October 23, Josh Baer from Morgan Stanley maintained a Hold rating on Via Transportation, Inc. Class A, with a price target of $53.00. The company’s shares closed yesterday at $50.80.
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According to TipRanks, Baer is a 3-star analyst with an average return of 2.9% and a 52.71% success rate. Baer covers the Technology sector, focusing on stocks such as Monday.com, ServiceTitan, Inc. Class A, and Box.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Via Transportation, Inc. Class A with a $56.40 average price target.
The company has a one-year high of $56.31 and a one-year low of $43.50. Currently, Via Transportation, Inc. Class A has an average volume of 502.3K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of VIA in relation to earlier this year. Last month, Clara Fain, the Chief Financial Officer of VIA sold 150,000.00 shares for a total of $6,465,000.00.