Vivint Smart Home (NYSE:VVNT) Trading Up 9.9%
Vivint Smart Home, Inc. (NYSE:VVNT) shares were up 9.9% on Wednesday . The stock traded as high as $14.27 and last traded at $14.08, approximately 137,812 shares traded hands during mid-day trading. A decline of 64% from the average daily volume of 382,779 shares. The stock had previously closed at $12.81.
Several equities research analysts have recently weighed in on VVNT shares. Deutsche Bank started coverage on Vivint Smart Home in a research report on Friday. They issued a “hold” rating for the company. Evercore ISI started coverage on Vivint Smart Home in a research report on Wednesday, February 5th. They issued an “outperform” rating and a $18.00 price objective for the company. Finally, JPMorgan Chase & Co. cut Vivint Smart Home from an “overweight” rating to a “neutral” rating in a research report on Friday, January 31st.
About Vivint Smart Home (NYSE:VVNT)
Vivint Smart Home, Inc, together with its subsidiaries, engages in the sale, installation, servicing, and monitoring of smart home and security systems primarily in the United States and Canada. The company's smart home platform includes smart home operating system; Vivint Assist, an AI-driven smart home automation and assistance software; internally developed smart devices; and extensible partner-neutral ecosystem.
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