Deutsche Bank Maintains Buy on AvidXchange Holdings, Raises Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Keane maintains a Buy rating on AvidXchange Holdings (NASDAQ:AVDX) and raises the price target from $13 to $15.

June 02, 2023 | 1:30 pm
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Deutsche Bank analyst Bryan Keane maintains a Buy rating on AvidXchange Holdings and raises the price target from $13 to $15.
The news of Deutsche Bank maintaining a Buy rating and raising the price target for AvidXchange Holdings (AVDX) from $13 to $15 is positive for the stock. This indicates that the analyst has confidence in the company's growth potential and expects the stock price to rise in the short term. As a result, this news is likely to have a positive impact on AVDX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100