Needham & Company Starts VIZIO (VZIO) at Buy

Vizio (VZIO) Gains as Street Overwhelming Bullish, Seen as Well-Positioned to Capitalize on Booming Streaming Video Market

At least seven Wall Street firms started their coverage on Vizio Holding Corp. (NYSE: VZIO) with a Buy rating or equivalent as the company looks well-positioned to capitalize on the fast-growing video-streaming market.

Piper Saldner, BofA, JP Morgan, Roth Capital, Needham & Company, Guggenheim, and Wells Fargo are among Street firms that have initiated positive coverage on VZIO, which started trading publicly on March 25. Vizio priced 12.25 million shares at $21 per piece, but the stock plunged 9% on the first day to close at $19.10.

Although Vizio was first known for selling high-definition TVs in the... More

UPDATE: 6 Reasons BofA Securities Starts VIZIO (VZIO) at Buy

(Updated - April 19, 2021 6:44 AM EDT)

BofA Securities initiates coverage on VIZIO (NYSE: VZIO) with a Buy rating and a price target of $33.00 for 6 reasons:
1) first-party proprietary viewership data that makes the Vizio platform attractive to advertisers
2) a growing addressable... More

UPDATE: Wells Fargo Starts VIZIO (VZIO) at Overweight

(Updated - April 19, 2021 6:28 AM EDT)

Wells Fargo initiates coverage on VIZIO (NYSE: VZIO) with a Overweight rating and a price target of $31.00.

The analyst comments "VZIO is uniquely integrated between smart TV sets and its connected TV (CTV) operating system, implying... More

Piper Sandler Starts VIZIO (VZIO) at Overweight

Piper Sandler analyst Thomas Champion initiates coverage on VIZIO (NYSE: VZIO) with a Overweight rating and a price target of $29.00.

For an analyst ratings summary and ratings history on VIZIO click here. For more ratings news on VIZIO click here.

Shares of VIZIO closed at $24.00 yesterday.

UPDATE: JPMorgan Starts VIZIO (VZIO) at Overweight

(Updated - April 19, 2021 5:39 AM EDT)

JPMorgan analyst Cory Carpenter initiates coverage on VIZIO (NYSE: VZIO) with a Overweight rating and a price target of $30.00.

The analyst comments "VIZIO is one of the leading TV brands in the United States, with... More