Goldman Sachs Maintains Buy on Avantor, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Matthew Sykes has reaffirmed a Buy rating on Avantor (NYSE:AVTR) and increased the price target from $23 to $26.
December 07, 2023 | 2:28 pm
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Goldman Sachs analyst Matthew Sykes maintains a Buy rating on Avantor and raises the price target from $23 to $26, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100