Barclays Maintains Overweight on Avantor, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Luke Sergott maintains an Overweight rating on Avantor (NYSE:AVTR) but has lowered the price target from $25 to $21.

October 30, 2023 | 1:20 pm
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Barclays has maintained an Overweight rating on Avantor but lowered the price target from $25 to $21.
While the Overweight rating suggests that Barclays expects Avantor to outperform the market, the lowering of the price target could indicate a reduced growth expectation. This might have a neutral impact on the stock as the positive and negative signals could offset each other.
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IMPORTANCE 80
RELEVANCE 100