As this happened, Wolfe Research upgraded its Vontier Corporation [VNT] rating to an Outperform from a a Peer perform in a research note published recently. Argus also remained covering VNT and has decreased its forecast on August 20, 2024 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on January 11, 2024. It rated VNT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of VNT
On Tuesday, Vontier Corporation [NYSE:VNT] saw its stock jump 1.84% to $29.86. Over the last five days, the stock has lost -1.32%. Vontier Corporation shares have fallen nearly -18.12% since the year began. Nevertheless, the stocks have fallen -25.96% over the past one year. While a 52-week high of $41.73 was reached on 02/19/25, a 52-week low of $27.22 was recorded on 04/07/25. SMA at 50 days reached $33.95, while 200 days put it at $35.80.
Levels Of Support And Resistance For VNT Stock
The 24-hour chart illustrates a support level at 29.45, which if violated will result in even more drops to 29.04. On the upside, there is a resistance level at 30.12. A further resistance level may holdings at 30.38. The Relative Strength Index (RSI) on the 14-day chart is 40.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.00%. Stochastics %K at 38.18% indicates the stock is a holding.
How much short interest is there in Vontier Corporation?
A steep rise in short interest was recorded in Vontier Corporation stocks on 2025-03-31, growing by 0.21 million shares to a total of 2.92 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.7 million shares. There was a rise of 7.36%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 27, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $38 price target.
