Wolfe Research Initiates Coverage On Avantor with Peer Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Doug Schenkel has initiated coverage on Avantor (NYSE:AVTR) with a Peer Perform rating, indicating a neutral outlook on the company's stock performance relative to its peers.
December 13, 2023 | 10:16 am
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Wolfe Research analyst Doug Schenkel has initiated coverage on Avantor with a neutral Peer Perform rating, suggesting that the stock is expected to perform in line with its industry peers.
Analyst ratings can influence investor perception and stock performance. A Peer Perform rating is neutral, suggesting no significant short-term price movement is expected. The rating indicates that Avantor is anticipated to perform on par with its peers, which may not sway investors to significantly alter their positions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100