Piper Sandler Sees Huge Upside in VIZIO Despite Price Adjustment

Piper Sandler Sees Huge Upside in VIZIO Despite Price Adjustment
A logo sign outside of VIZIO headquarter is seen on Nov. 10, 2021. Google Maps/Screenshot via The Epoch Times
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Piper Sandler analyst Thomas Champion lowered the price target on VIZIO Holding Corp to $29 from $31, implying a 48 percent upside, and reiterated an Overweight.

The company’s Q3 results “were mixed” with logistics challenges “denting” device unit potential, Champion notes.