Cantor Fitzgerald Maintains Overweight on Avantax, Lowers Price Target to $27
Portfolio Pulse from richadhand@benzinga.com
Cantor Fitzgerald analyst Josh Siegler has maintained an Overweight rating on Avantax (NASDAQ:AVTA) but lowered the price target from $29 to $27.

August 11, 2023 | 5:56 pm
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Cantor Fitzgerald has maintained an Overweight rating on Avantax but lowered the price target from $29 to $27.
The news is directly about Avantax and is likely to impact its stock price. While the Overweight rating suggests that the analyst believes the stock will outperform its peers, the lowering of the price target may create some negative sentiment among investors, potentially putting downward pressure on the stock price in the short term.
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