Sept 3 (Reuters) - Transit technology maker Via

Transportation said on Wednesday it was targeting a valuation of

up to $3.50 billion in its initial public offering, joining a

wave of companies aiming to list their shares on U.S. exchanges

this fall.

Via and some of its existing investors are seeking to raise

up to $471 million by offering 10.7 million shares priced

between $40 and $44 apiece.

Investor appetite for IPOs has strengthened amid an equity

market rally fueled by robust tech earnings and growing

expectations of interest rate cuts in the short term, even as

stubborn inflation and labor market uncertainty continue to

cloud the broader economic outlook.

Blowout debuts from design software maker Figma ( FIG )

and crypto exchange Bullish have also enhanced the

appeal of first-time share sales.

Goldman Sachs, Morgan Stanley, Allen & Company and Wells

Fargo are the lead underwriters for Via's offering. The company

plans to list its shares on the New York Stock Exchange under

the ticker symbol "VIA".