Strategic Acquisition Positions Via Transportation for Future Growth in Seasonal Markets
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Needham analyst Scott Berg maintains a Buy rating on Via Transportation, Inc., setting a price target of $55.00, following its strategic acquisition of Downtowner. This acquisition enhances Via's platform for cities with seasonal demand, particularly ski resort communities. Guggenheim also maintains a Buy rating with a $58.00 target. The acquisition is expected to minimally impact Q4 revenue but positions Via for future growth through strategic acquisitions.
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