Credit Suisse Maintains Outperform Rating for AvidXchange Holdings: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Credit Suisse has maintained its Outperform rating for AvidXchange Holdings (NASDAQ:AVDX) and raised its price target from $11.00 to $12.50. AvidXchange's shares are trading up 0.52% over the last 24 hours at $10.65 per share.
June 02, 2023 | 5:01 pm
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Credit Suisse maintains Outperform rating for AvidXchange Holdings and raises price target to $12.50, a 17.32% increase from the current share price.
Credit Suisse's decision to maintain its Outperform rating and raise the price target for AvidXchange Holdings is a positive signal for the stock. The new price target represents a 17.32% increase from the current share price, which could lead to a short-term upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100