Keybanc Maintains Overweight on AvidXchange Holdings, Raises Price Target to $15
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Josh Beck maintains an Overweight rating on AvidXchange Holdings (NASDAQ:AVDX) and raises the price target from $12 to $15.
June 12, 2023 | 8:12 am
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Keybanc analyst Josh Beck maintains an Overweight rating on AvidXchange Holdings and raises the price target from $12 to $15.
The news of Keybanc maintaining an Overweight rating on AvidXchange Holdings and raising the price target from $12 to $15 is positive for the company's 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 AVDX's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100