Piper Sandler Reiterates Overweight on AvidXchange Holdings, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on AvidXchange Holdings (NASDAQ:AVDX) and maintained a $12 price target.
November 09, 2023 | 10:42 am
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Piper Sandler has reiterated an Overweight rating on AvidXchange Holdings and maintained a $12 price target.
The reiteration of an Overweight rating by Piper Sandler indicates a positive outlook for AvidXchange Holdings. The maintained price target of $12 also suggests that the analyst believes the stock is undervalued at current levels. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100