RBC Capital Reiterates Outperform on Avantor, Maintains $28 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Conor McNamara has reiterated an Outperform rating on Avantor (NYSE:AVTR) and maintained a price target of $28.
January 09, 2024 | 1:30 pm
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RBC Capital analyst Conor McNamara reaffirmed an Outperform rating on Avantor, with a continued price target of $28.
The reiteration of an Outperform rating by a major analyst like RBC Capital tends to instill confidence in investors and can positively influence the stock price in the short term. The maintained price target of $28 suggests that the analyst sees potential for the stock to rise to that level, which is also a positive signal for the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100