Viavi Solutions VIAV shares are trading higher on Monday.
JPMorgan upgraded the company's stock from Neutral to Overweight and raised its price target from $14 to $16.
Viavi Solutions is a provider of network test, monitoring and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers.
The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense and instrumentation markets. It operates in three segments: Network Enablement, Service Enablement and Optical Security and Performance Products.
Viavi Solutions shares were trading up 4.31% at $12.09 at time of publication on Monday. The stock has a 52-week high of $16.35 and a 52-week low of $8.08.
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