Morgan Stanley Reiterates Equal-Weight on AvidXchange Holdings, Maintains $11 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst James Faucette has reiterated an Equal-Weight rating on AvidXchange Holdings (NASDAQ:AVDX) and maintained a price target of $11.
August 04, 2023 | 4:41 pm
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Morgan Stanley has reiterated an Equal-Weight rating on AvidXchange Holdings and maintained a price target of $11.
The news is directly about AvidXchange Holdings and its rating by Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in its sector. The maintained price target indicates that the analyst's view on the company has not changed. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100