Avaya (AVYA) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Avaya (NYSE:AVYA) from a hold rating to a buy rating in a report published on Thursday morning. They currently have $25.00 price objective on the stock.

According to Zacks, “Avaya Holdings Corp. provides real-time communication applications. The company offer portfolio of software and services for contact center and unified communications which provide on premises, in the cloud or a hybrid. Avaya Holdings Corp. is based in Santa Clara, United States. “

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Several other analysts also recently weighed in on AVYA. Northland Securities started coverage on Avaya in a research note on Friday, February 2nd. They set an outperform rating and a $28.00 price target on the stock. BWS Financial started coverage on Avaya in a research note on Thursday, February 22nd. They set a buy rating and a $32.00 price target on the stock.

Avaya stock opened at $22.76 on Thursday. The company has a current ratio of 1.15, a quick ratio of 1.03 and a debt-to-equity ratio of 1.54. Avaya has a fifty-two week low of $15.63 and a fifty-two week high of $23.76.

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About Avaya

Avaya Holdings Corp. operates as a holding company which through its subsidiary, develops business collaboration and communications solutions worldwide. The company was formerly known as Sierra Holdings Corp. The company was incorporated in 2007 and is based in Santa Clara, California. On January 19, 2017, Avaya Holdings Corp.

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