Avantor shares are trading higher after Raymond James maintained an Outperform rating on the stock and raised its price target from $22.5 to $26.
Portfolio Pulse from Benzinga Newsdesk
Avantor's stock (AVTR) is trading higher following an Outperform rating reaffirmation and a price target increase from $22.5 to $26 by Raymond James.
January 26, 2024 | 1:38 pm
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POSITIVE IMPACT
Avantor's stock price is positively impacted by Raymond James maintaining an Outperform rating and increasing the price target from $22.5 to $26.
The reaffirmation of the Outperform rating by Raymond James, coupled with a raised price target, is a strong positive signal to investors. It suggests that the analyst sees continued potential in Avantor's performance, which can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100