Vivint Smart Home (NYSE:VVNT) Shares Up 9.9%
Vivint Smart Home, Inc. (NYSE:VVNT) shot up 9.9% during mid-day trading on Wednesday . The stock traded as high as $14.27 and last traded at $14.08, 137,812 shares traded hands during trading. A decline of 64% from the average session volume of 382,779 shares. The stock had previously closed at $12.81.
Several research firms have issued reports on VVNT. Deutsche Bank began coverage on Vivint Smart Home in a report on Friday. They set a “hold” rating on the stock. Evercore ISI started coverage on Vivint Smart Home in a report on Wednesday, February 5th. They set an “outperform” rating and a $18.00 price objective on the stock. Finally, JPMorgan Chase & Co. downgraded Vivint Smart Home from an “overweight” rating to a “neutral” rating in a 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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