- B. Riley analyst Bryan Maher lowered the price target on Viad Corp VVI to $51 (an upside of 76.5%) from $59 and maintained a Buy rating on the shares following the Q4 results.
- Maher says that despite making numerous changes to revenue and margin assumptions in his model, his fiscal 2022 through 2024 estimates are little changed.
- The analyst is now taking a segment weighted approach to his valuation.
- Price Action: VVI shares are trading lower by 4.44% at $28.92 on the last check Monday.
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