B of A Securities Maintains Buy on Avantor, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Michael Ryskin maintains a Buy rating on Avantor (NYSE:AVTR) but lowers the price target from $27 to $24.
July 31, 2023 | 4:03 pm
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NEUTRAL IMPACT
Avantor's price target has been lowered from $27 to $24 by B of A Securities, though the Buy rating is maintained.
The news is directly about Avantor. The lowering of the price target might indicate a potential decrease in the stock's value, but the maintained Buy rating suggests that the stock is still expected to perform well. This mixed signal could lead to neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100