Expert Ratings for AvidXchange Holdings
Portfolio Pulse from Benzinga Insights
AvidXchange Holdings (NASDAQ:AVDX) has received 7 analyst ratings in the past quarter, with 4 somewhat bullish, 3 indifferent, and no bearish ratings. The average 12-month price target is $11.0, with a high of $12.00 and a low of $9.00, representing a 12.0% decrease from the previous average price target of $12.50.

December 05, 2023 | 3:00 pm
News sentiment analysis
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AvidXchange Holdings has a new average analyst price target of $11, down from $12.50, with 4 somewhat bullish and 3 indifferent ratings in the past quarter.
The decrease in the average price target suggests a tempered expectation for AvidXchange's stock performance. However, the absence of bearish ratings and the presence of somewhat bullish ratings indicate a neutral to slightly positive outlook among analysts. This could lead to a neutral short-term impact on the stock as the market digests the mixed sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100