Piper Sandler Maintains Overweight on AvidXchange Holdings, Raises Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on AvidXchange Holdings (NASDAQ:AVDX) and raises the price target from $11 to $14.
June 02, 2023 | 8:13 am
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Piper Sandler analyst Brent Bracelin maintains an Overweight rating on AvidXchange Holdings and raises the price target from $11 to $14.
The news of Piper Sandler maintaining an Overweight rating on AvidXchange Holdings and raising the price target from $11 to $14 is positive for the stock. This indicates that the analyst has a bullish outlook on the company's performance and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100