BTIG Initiates Coverage On AvidXchange Holdings with Buy Rating, Announces Price Target of $14
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Lance Jessurun has initiated coverage on AvidXchange Holdings (NASDAQ:AVDX) with a Buy rating and set a price target of $14 for the company's stock.
December 06, 2023 | 11:05 am
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AvidXchange Holdings received a Buy rating from BTIG analyst Lance Jessurun, with a price target of $14, indicating a positive outlook for the stock.
Analyst ratings, especially initiations of coverage with a Buy rating, can have a significant positive impact on a stock's price in the short term. The price target of $14 suggests a potential upside from the current trading price, which may attract investor interest and drive up the stock price.
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IMPORTANCE 85
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