Benchmark Maintains Buy on Avantax, Lowers Price Target to $30
Portfolio Pulse from richadhand@benzinga.com
Benchmark analyst Daniel Kurnos maintains a Buy rating on Avantax (NASDAQ:AVTA) but lowers the price target from $32 to $30.
August 11, 2023 | 4:27 pm
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NEUTRAL IMPACT
Despite the lowered price target from $32 to $30, Avantax maintains a Buy rating from Benchmark analyst Daniel Kurnos.
The news is directly about Avantax. The lowered price target might indicate a slightly less optimistic outlook, but the maintained Buy rating suggests that the analyst still sees potential in the stock. This could lead to mixed reactions in the market, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100